Compound Interest Calculator
CD Account from ADVANTAGEPLUS OF INDIANA with 0.90% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Use or Change these Amounts And Rates

The Results for ADVANTAGEPLUS OF INDIANA

Savings Boost of
$541 over 10 years
Cash Savings $20,000
Average Interest Earned $772

 
ADVANTAGEPLUS OF INDIANA Interest Earned $1,312

 

 

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:
0.54%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 108 75
2 20,108 108 76
3 20,216 109 76
4 20,325 109 77
5 20,434 110 77
6 20,544 111 77
7 20,654 111 78
8 20,765 112 78
9 20,877 112 79
10 20,990 113 79
TOTAL: $1,102 $772

ADVANTAGEPLUS OF INDIANA Scenario

Rate:
0.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 180 126
2 20,180 182 127
3 20,362 183 128
4 20,545 185 129
5 20,730 187 131
6 20,916 188 132
7 21,105 190 133
8 21,295 192 134
9 21,486 193 135
10 21,680 195 137
TOTAL: $1,875 $1,312

Take Action

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.