Compound Interest Calculator
CD 1-year Account from GREENSTATE with 5.05% APY and $1,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from GREENSTATE with 5.05% 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 $32,733. The interest earned would be $12,733 and the tax amount on the interest earned would be approximately $3,820.

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 GREENSTATE

Savings Boost of
$8,109 over 10 years
Cash Savings $20,000
Average Interest Earned $804

 
GREENSTATE Interest Earned $8,913

 

 

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:
0.56%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 112 78
2 20,112 113 79
3 20,225 113 79
4 20,338 114 80
5 20,452 115 80
6 20,566 115 81
7 20,681 116 81
8 20,797 116 82
9 20,914 117 82
10 21,031 118 82
TOTAL: $1,149 $804

GREENSTATE Scenario

Rate:
5.05%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 1,010 707
2 21,010 1,061 743
3 22,071 1,115 780
4 23,186 1,171 820
5 24,356 1,230 861
6 25,586 1,292 904
7 26,879 1,357 950
8 28,236 1,426 998
9 29,662 1,498 1,049
10 31,160 1,574 1,101
TOTAL: $12,733 $8,913

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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Customer Reviews for Greenstate


  • November 11, 2022

    CDs 24 Month Rates

    It would be great to hear back from someone regarding my bump-up rate currently available, BEFORE 18 days has passed. Still waiting.

  • June 21, 2022

    CDs 26 Month Rates

    Usually better rates here, but if it comes due ending on a holiday weekend, you will not get an extra day & will get stuck with a low rate for another cd.


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