Compound Interest Calculator
Savings Account from FOOTHILLS with 0.15% APY and $2,500 minimum deposit

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FOOTHILLS Rate (%):

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The product Savings Account from FOOTHILLS with 0.15% APY and $2,500 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 $20,302. The interest earned would be $302 and the tax amount on the interest earned would be approximately $91.

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

The Results for FOOTHILLS

Savings Boost of
$-104 over 10 years

Cash Savings $20,000

Average Interest Earned $315

FOOTHILLS Interest Earned $211

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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: 0.22%	Annual Interest	Annual Interest (After Tax)
1	20,000	45	31
2	20,045	45	31
3	20,089	45	31
4	20,134	45	31
5	20,179	45	31
6	20,224	45	32
7	20,269	45	32
8	20,314	45	32
9	20,360	45	32
10	20,405	46	32
	TOTAL:	$451	$315

FOOTHILLS Scenario

	Rate: 0.15%	Annual Interest	Annual Interest (After Tax)
1	20,000	30	21
2	20,030	30	21
3	20,060	30	21
4	20,090	30	21
5	20,120	30	21
6	20,150	30	21
7	20,181	30	21
8	20,211	30	21
9	20,241	30	21
10	20,272	30	21
	TOTAL:	$302	$211

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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 Savings Account from FOOTHILLS with 0.15% APY and $2,500 minimum deposit