Compound Interest Calculator
CD 1-year Account from MUNICIPAL with 3.82% APY and $500 minimum deposit

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The product CD 1-year Account from MUNICIPAL with 3.82% APY and $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 $29,082. The interest earned would be $9,082 and the tax amount on the interest earned would be approximately $2,725.

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 MUNICIPAL

Savings Boost of
$5,568 over 10 years

Cash Savings $20,000

Average Interest Earned $789

MUNICIPAL Interest Earned $6,358

Compare

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	110	77
2	20,110	111	77
3	20,221	111	78
4	20,332	112	78
5	20,444	112	79
6	20,556	113	79
7	20,669	114	80
8	20,783	114	80
9	20,897	115	80
10	21,012	116	81
	TOTAL:	$1,128	$789

MUNICIPAL Scenario

	Rate: 3.82%	Annual Interest	Annual Interest (After Tax)
1	20,000	763	534
2	20,763	792	554
3	21,555	822	576
4	22,377	854	598
5	23,231	886	620
6	24,117	920	644
7	25,037	955	669
8	25,993	992	694
9	26,984	1,029	721
10	28,014	1,069	748
	TOTAL:	$9,082	$6,358

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.

Recent Rate Changes

Date	APY
September 18, 2025	3.82%
October 22, 2024	3.04%
November 3, 2023	4.59%
October 11, 2023	3.04%

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Compound Interest Calculator CD 1-year Account from MUNICIPAL with 3.82% APY and $500 minimum deposit