Compound Interest Calculator
CD Account from Citizens Bank of Newburg with 0.72% APY

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The product CD Account from Citizens Bank of Newburg with 0.72% APY 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 $21,488. The interest earned would be $1,488 and the tax amount on the interest earned would be approximately $446.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account

The Results for Citizens Bank of Newburg

Savings Boost of
$-341 over 10 years

Cash Savings $20,000

Average Interest Earned $1,382

Citizens Bank of Newburg Interest Earned $1,041

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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: 0.95%	Annual Interest	Annual Interest (After Tax)
1	20,000	189	132
2	20,189	191	134
3	20,380	193	135
4	20,573	195	136
5	20,768	196	138
6	20,964	198	139
7	21,162	200	140
8	21,363	202	141
9	21,565	204	143
10	21,769	206	144
	TOTAL:	$1,975	$1,382

Citizens Bank of Newburg Scenario

	Rate: 0.72%	Annual Interest	Annual Interest (After Tax)
1	20,000	144	101
2	20,144	145	102
3	20,289	146	102
4	20,435	147	103
5	20,582	148	104
6	20,730	149	104
7	20,880	150	105
8	21,030	151	106
9	21,181	153	107
10	21,334	154	108
	TOTAL:	$1,488	$1,041

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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 CD Account from Citizens Bank of Newburg with 0.72% APY