Compound Interest Calculator
Savings Account from WJC with 0.19% APY and $2,500 minimum deposit

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The product Savings Account from WJC with 0.19% APY and $2,500 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $20,383. The interest earned would be $383 and the tax amount on the interest earned would be approximately $115.

Please note that this product is available in Virginia and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

Our records indicate that this institution has been acquired by TRULIANT.

The Results for WJC

Savings Boost of
$-51 over 10 years

Cash Savings $20,000

Average Interest Earned $320

WJC Interest Earned $268

Compare

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

	Rate: 0.23%	Annual Interest	Annual Interest (After Tax)
1	20,000	45	32
2	20,045	45	32
3	20,091	45	32
4	20,136	46	32
5	20,181	46	32
6	20,227	46	32
7	20,273	46	32
8	20,319	46	32
9	20,364	46	32
10	20,410	46	32
	TOTAL:	$457	$320

WJC Scenario

	Rate: 0.19%	Annual Interest	Annual Interest (After Tax)
1	20,000	38	27
2	20,038	38	27
3	20,076	38	27
4	20,114	38	27
5	20,152	38	27
6	20,191	38	27
7	20,229	38	27
8	20,268	39	27
9	20,306	39	27
10	20,345	39	27
	TOTAL:	$383	$268

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The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.

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Compound Interest Calculator Savings Account from WJC with 0.19% APY and $2,500 minimum deposit