Compound Interest Calculator
CD 4-year Account from NSB Bank with 1.05% APY and $10,000 minimum deposit

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The product CD 4-year Account from NSB Bank with 1.05% APY and $10,000 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 $22,209. The interest earned would be $2,209 and the tax amount on the interest earned would be approximately $663.

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

The Results for NSB Bank

Savings Boost of
$359 over 10 years

Cash Savings $20,000

Average Interest Earned $1,187

NSB Bank Interest Earned $1,546

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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: 0.82%	Annual Interest	Annual Interest (After Tax)
1	20,000	163	114
2	20,163	165	115
3	20,328	166	116
4	20,494	167	117
5	20,662	169	118
6	20,830	170	119
7	21,001	172	120
8	21,172	173	121
9	21,345	174	122
10	21,520	176	123
	TOTAL:	$1,695	$1,187

NSB Bank Scenario

	Rate: 1.05%	Annual Interest	Annual Interest (After Tax)
1	20,000	211	147
2	20,211	213	149
3	20,423	215	151
4	20,638	217	152
5	20,856	220	154
6	21,075	222	155
7	21,297	224	157
8	21,522	227	159
9	21,748	229	160
10	21,977	231	162
	TOTAL:	$2,209	$1,546

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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Compound Interest Calculator CD 4-year Account from NSB Bank with 1.05% APY and $10,000 minimum deposit