Compound Interest Calculator
Money Market Account from ST. ANNE'S with 5.50% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Use or Change these Amounts And Rates

The Results for ST. ANNE'S

Savings Boost of
$9,617 over 10 years
Cash Savings $20,000
Average Interest Earned $297

 
ST. ANNE'S Interest Earned $9,914

 

 

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:
0.21%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 42 29
2 20,042 42 29
3 20,084 42 30
4 20,126 42 30
5 20,169 42 30
6 20,211 42 30
7 20,253 43 30
8 20,296 43 30
9 20,338 43 30
10 20,381 43 30
TOTAL: $424 $297

ST. ANNE'S Scenario

Rate:
5.50%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 1,100 770
2 21,100 1,161 812
3 22,261 1,224 857
4 23,485 1,292 904
5 24,776 1,363 954
6 26,139 1,438 1,006
7 27,577 1,517 1,062
8 29,094 1,600 1,120
9 30,694 1,688 1,182
10 32,382 1,781 1,247
TOTAL: $14,163 $9,914

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.

 

Featured CD Rates

Advertiser Disclosure
ONLINE BANKS APY? MIN?

Earn 5.35% Annual Percentage Yield (APY) with a 6-month CD. Member FDIC.

6-Month

Start earning 5.30% APY with a high-yield CD that supports a greener economy. Easy signup. FDIC-insured.

9-Month

Guaranteed returns. No account fees. Member FDIC.

24-Month

Guaranteed returns. No account fees. Member FDIC.

36-Month

Guaranteed returns. No account fees. Member FDIC.

60-Month