Compound Interest Calculator
CD Account from OMAHA with 0.79% APY

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The product CD Account from OMAHA with 0.79% APY 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 $21,637. The interest earned would be $1,637 and the tax amount on the interest earned would be approximately $491.

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 OMAHA

Savings Boost of
$-29 over 10 years

Cash Savings $20,000

Average Interest Earned $1,175

OMAHA Interest Earned $1,146

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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: 0.81%	Annual Interest	Annual Interest (After Tax)
1	20,000	162	113
2	20,162	163	114
3	20,325	164	115
4	20,489	166	116
5	20,655	167	117
6	20,822	168	118
7	20,991	170	119
8	21,160	171	120
9	21,332	173	121
10	21,504	174	122
	TOTAL:	$1,678	$1,175

OMAHA Scenario

	Rate: 0.79%	Annual Interest	Annual Interest (After Tax)
1	20,000	158	111
2	20,158	159	111
3	20,317	161	112
4	20,478	162	113
5	20,640	163	114
6	20,803	164	115
7	20,967	166	116
8	21,133	167	117
9	21,300	168	118
10	21,468	170	119
	TOTAL:	$1,637	$1,146

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 Account from OMAHA with 0.79% APY