Compound Interest Calculator
CD 3-year Account from FAIRWINDS with 2.87% APY and $1,000 minimum deposit

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The product CD 3-year Account from FAIRWINDS with 2.87% APY and $1,000 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 $26,541. The interest earned would be $6,541 and the tax amount on the interest earned would be approximately $1,962.

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
$3,487 over 10 years

Cash Savings $20,000

Average Interest Earned $1,092

FAIRWINDS Interest Earned $4,579

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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: 0.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	151	106
2	20,151	152	106
3	20,303	153	107
4	20,456	154	108
5	20,610	155	109
6	20,765	157	110
7	20,922	158	110
8	21,080	159	111
9	21,239	160	112
10	21,399	161	113
	TOTAL:	$1,560	$1,092

FAIRWINDS Scenario

	Rate: 2.87%	Annual Interest	Annual Interest (After Tax)
1	20,000	574	402
2	20,574	590	413
3	21,164	607	425
4	21,772	625	437
5	22,397	643	450
6	23,040	661	463
7	23,701	680	476
8	24,381	700	490
9	25,081	720	504
10	25,801	740	518
	TOTAL:	$6,541	$4,579

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	2.87%
November 3, 2025	2.82%
September 18, 2025	2.58%
April 7, 2025	1.99%
August 19, 2023	2.00%

Featured CD Rates

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Total Bank, a division of City National Bank of Florida	4.25%	$25,000	Learn More
Last change: ↓0.16% on September 18.
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Last change: ↓0.15% on October 13.
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Compound Interest Calculator CD 3-year Account from FAIRWINDS with 2.87% APY and $1,000 minimum deposit