Compound Interest Calculator
CD 1-year Account from FAIRWINDS with 1.84% APY and $100 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

FAIRWINDS Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 1-year Account from FAIRWINDS with 1.84% APY and $100 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 $24,000. The interest earned would be $4,000 and the tax amount on the interest earned would be approximately $1,200.

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 FAIRWINDS

Savings Boost of
$2,014 over 10 years

Cash Savings $20,000

Average Interest Earned $786

FAIRWINDS Interest Earned $2,800

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: 0.55%	Annual Interest	Annual Interest (After Tax)
1	20,000	110	77
2	20,110	110	77
3	20,220	111	78
4	20,331	111	78
5	20,442	112	78
6	20,554	113	79
7	20,667	113	79
8	20,780	114	80
9	20,894	114	80
10	21,008	115	81
	TOTAL:	$1,123	$786

FAIRWINDS Scenario

	Rate: 1.84%	Annual Interest	Annual Interest (After Tax)
1	20,000	368	258
2	20,368	375	262
3	20,743	382	267
4	21,124	389	272
5	21,513	396	277
6	21,909	403	282
7	22,312	411	287
8	22,723	418	293
9	23,141	426	298
10	23,567	434	304
	TOTAL:	$4,000	$2,800

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.

Recent Rate Changes

Date	APY
November 24, 2025	1.84%
November 3, 2025	1.80%
September 18, 2025	1.95%
April 7, 2025	2.03%
August 19, 2023	1.60%

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Total Bank, a division of City National Bank of Florida	4.25%	$25,000	Learn More
Last change: ↓0.16% on September 18. 3 Month CD.
Finworth, a division of InsBank	4.20%	$50,000	Learn More
Last change: ↑0.20% on December 7. Early Withdrawal Penalty is 6 months interest.
Limelight Bank, A division of Capital Community Bank	4.20%	$1,000	Learn More
Last change: ↑0.05% on December 1.
Limelight Bank, A division of Capital Community Bank	4.15%	$1,000	Learn More
Last change: ↑0.10% on December 1. Early Withdrawal Penalty is 90 days interest.
Total Bank, a division of City National Bank of Florida	4.10%	$25,000	Learn More
Last change: ↓0.15% on November 26.

Compound Interest Calculator CD 1-year Account from FAIRWINDS with 1.84% APY and $100 minimum deposit