Compound Interest Calculator
CD Account from ENT with 1.62% 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 ENT

Savings Boost of
$1,825 over 10 years
Cash Savings $20,000
Average Interest Earned $615

 
ENT Interest Earned $2,441

 

 

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:
0.43%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 86 60
2 20,086 87 61
3 20,173 87 61
4 20,260 87 61
5 20,347 88 61
6 20,435 88 62
7 20,523 88 62
8 20,611 89 62
9 20,700 89 62
10 20,789 90 63
TOTAL: $879 $615

ENT Scenario

Rate:
1.62%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 324 227
2 20,324 329 230
3 20,653 335 234
4 20,988 340 238
5 21,328 346 242
6 21,673 351 246
7 22,024 357 250
8 22,381 363 254
9 22,744 368 258
10 23,112 374 262
TOTAL: $3,487 $2,441

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.