Compound Interest Calculator
CD 3-year Account from First Financial Bank with 1.11% APY and $10,000 minimum deposit

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The product CD 3-year Account from First Financial Bank with 1.11% APY and $10,000 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 $22,334. The interest earned would be $2,334 and the tax amount on the interest earned would be approximately $700.

Please note that this product is available in Arkansas and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for First Financial Bank

Savings Boost of
$364 over 10 years

Cash Savings $20,000

Average Interest Earned $1,270

First Financial Bank Interest Earned $1,634

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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: 0.87%	Annual Interest	Annual Interest (After Tax)
1	20,000	174	122
2	20,174	176	123
3	20,350	177	124
4	20,528	179	125
5	20,707	181	126
6	20,887	182	127
7	21,069	184	129
8	21,253	185	130
9	21,439	187	131
10	21,625	189	132
	TOTAL:	$1,814	$1,270

First Financial Bank Scenario

	Rate: 1.11%	Annual Interest	Annual Interest (After Tax)
1	20,000	222	155
2	20,222	224	157
3	20,446	227	159
4	20,673	229	161
5	20,903	232	162
6	21,135	235	164
7	21,370	237	166
8	21,607	240	168
9	21,847	242	170
10	22,089	245	172
	TOTAL:	$2,334	$1,634

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.

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Compound Interest Calculator CD 3-year Account from First Financial Bank with 1.11% APY and $10,000 minimum deposit