Compound Interest Calculator
CD Account from First National Bank of Kansas with 1.25% APY

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The product CD Account from First National Bank of Kansas with 1.25% 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 $22,645. The interest earned would be $2,645 and the tax amount on the interest earned would be approximately $794.

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 First National Bank of Kansas

Savings Boost of
$679 over 10 years

Cash Savings $20,000

Average Interest Earned $1,173

First National Bank of Kansas Interest Earned $1,852

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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: 0.81%	Annual Interest	Annual Interest (After Tax)
1	20,000	162	113
2	20,162	163	114
3	20,325	164	115
4	20,489	166	116
5	20,654	167	117
6	20,821	168	118
7	20,989	170	119
8	21,159	171	120
9	21,330	172	121
10	21,502	174	122
	TOTAL:	$1,676	$1,173

First National Bank of Kansas Scenario

	Rate: 1.25%	Annual Interest	Annual Interest (After Tax)
1	20,000	250	175
2	20,250	253	177
3	20,503	256	179
4	20,759	259	182
5	21,019	263	184
6	21,282	266	186
7	21,548	269	189
8	21,817	273	191
9	22,090	276	193
10	22,366	280	196
	TOTAL:	$2,645	$1,852

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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 First National Bank of Kansas with 1.25% APY