Compound Interest Calculator
CD 1-year Account from NASA with 4.30% APY and $250 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from NASA with 4.30% APY and $250 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 $30,470. The interest earned would be $10,470 and the tax amount on the interest earned would be approximately $3,141.

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 NASA

Savings Boost of
$6,532 over 10 years
Cash Savings $20,000
Average Interest Earned $797

 
NASA Interest Earned $7,329

 

 

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 20,000 111 78
2 20,111 112 78
3 20,223 112 79
4 20,335 113 79
5 20,448 113 79
6 20,561 114 80
7 20,675 115 80
8 20,790 115 81
9 20,905 116 81
10 21,021 117 82
TOTAL: $1,138 $797

NASA Scenario

Rate:
4.30%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 860 602
2 20,860 897 628
3 21,757 936 655
4 22,693 976 683
5 23,668 1,018 712
6 24,686 1,061 743
7 25,748 1,107 775
8 26,855 1,155 808
9 28,009 1,204 843
10 29,214 1,256 879
TOTAL: $10,470 $7,329

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 6, 2024 4.30%
August 2, 2024 4.35%
March 6, 2024 4.40%
February 2, 2024 4.50%
December 1, 2023 4.70%
November 3, 2023 4.50%
September 22, 2023 4.25%
August 20, 2023 4.65%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.05% on August 24.
Warning: Early withdrawal penalty equals six months of interest.

Last change: ↑0.85% on August 31.

Last change: ↓0.45% on May 13.
6 Month CD.

Last change: ↑4.00% on November 24, 2023.