Compound Interest Calculator
CD 1-year Account from LINN - CO with 1.26% APY and $100,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from LINN - CO with 1.26% APY and $100,000 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 $22,668. The interest earned would be $2,668 and the tax amount on the interest earned would be approximately $800.

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

The Results for LINN - CO

Savings Boost of
$1,083 over 10 years
Cash Savings $20,000
Average Interest Earned $785

 
LINN - CO Interest Earned $1,867

 

 

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:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 109 77
2 20,109 110 77
3 20,219 111 77
4 20,330 111 78
5 20,441 112 78
6 20,553 112 79
7 20,665 113 79
8 20,778 114 80
9 20,892 114 80
10 21,006 115 80
TOTAL: $1,121 $785

LINN - CO Scenario

Rate:
1.26%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 252 176
2 20,252 255 179
3 20,507 258 181
4 20,766 262 183
5 21,027 265 185
6 21,292 268 188
7 21,560 272 190
8 21,832 275 193
9 22,107 279 195
10 22,386 282 197
TOTAL: $2,668 $1,867

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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