This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
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| Year | Rate 1,000.00% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 500,000 | 350,000 |
| 2 | 550,000 | 5,500,000 | 3,850,000 |
| 3 | 6,050,000 | 60,500,000 | 42,350,000 |
| 4 | 66,550,000 | 665,500,000 | 465,850,000 |
| 5 | 732,050,000 | 7,320,500,000 | 5,124,350,000 |
| 6 | 8,052,550,000 | 80,525,500,000 | 56,367,850,000 |
| 7 | 88,578,050,000 | 885,780,500,000 | 620,046,350,000 |
| 8 | 974,358,550,000 | 9,743,585,500,000 | 6,820,509,850,000 |
| 9 | 10,717,944,050,000 | 107,179,440,500,000 | 75,025,608,350,000 |
| 10 | 117,897,384,550,000 | 1,178,973,845,500,000 | 825,281,691,850,000 |
| 11 | 1,296,871,230,050,000 | 12,968,712,300,499,998 | 9,078,098,610,349,998 |
| 12 | 14,265,583,530,549,998 | 142,655,835,305,499,968 | 99,859,084,713,849,984 |
| 13 | 156,921,418,836,049,952 | 1,569,214,188,360,499,456 | 1,098,449,931,852,349,696 |
| 14 | 1,726,135,607,196,549,376 | 17,261,356,071,965,493,248 | 12,082,949,250,375,843,840 |
| 15 | 18,987,491,679,162,044,416 | 189,874,916,791,620,468,736 | 132,912,441,754,134,315,008 |
| 16 | 208,862,408,470,782,509,056 | 2,088,624,084,707,825,156,096 | 1,462,036,859,295,477,530,624 |
| 17 | 2,297,486,493,178,607,697,920 | 22,974,864,931,786,076,454,912 | 16,082,405,452,250,253,099,008 |
| 18 | 25,272,351,424,964,682,842,112 | 252,723,514,249,646,794,866,688 | 176,906,459,974,752,729,563,136 |
| 19 | 277,995,865,674,611,460,931,584 | 2,779,958,656,746,114,877,751,296 | 1,945,971,059,722,280,360,738,816 |
| 20 | 3,057,954,522,420,726,472,900,608 | 30,579,545,224,207,266,876,489,728 | 21,405,681,656,945,086,384,046,080 |
| TOTAL | $33,637,499,746,627,992,275,648,512 | $23,546,249,822,639,592,874,967,040 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
6.00% |
$5,000 |
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|
6 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%. |
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|
|
5.51% |
$25,000 |
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Last change: ↓0.15% on May 13. |
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|
|
5.49% |
$50,000 |
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|
Last change: ↑0.09% on March 12. |
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|
|
5.46% |
$1,000 |
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|
Last change: ↓0.05% on May 9. |
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|
|
5.41% |
$50,000 |
Learn More | |
|
Last change: ↓0.36% on March 12. |
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