Compound Interest Calculator
CD Account from TOWN AND COUNTRY with 1.82% APY

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

TOWN AND COUNTRY Rate (%):

Compound Interest Period:

Tax Rate:

Email (optional for newsletter registration)

Please leave this field blank

The product CD Account from TOWN AND COUNTRY with 1.82% 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 $23,953. The interest earned would be $3,953 and the tax amount on the interest earned would be approximately $1,186.

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 TOWN AND COUNTRY

Savings Boost of
$1,592 over 10 years

Cash Savings $20,000

Average Interest Earned $1,175

TOWN AND COUNTRY Interest Earned $2,767

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: 0.81%	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

TOWN AND COUNTRY Scenario

	Rate: 1.82%	Annual Interest	Annual Interest (After Tax)
1	20,000	364	255
2	20,364	371	259
3	20,735	377	264
4	21,112	384	269
5	21,496	391	274
6	21,887	398	279
7	22,286	406	284
8	22,691	413	289
9	23,104	421	294
10	23,525	428	300
	TOTAL:	$3,953	$2,767

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
October 19, 2023	1.82%

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Blue Foundry Bank	6.00%	$5,000	Learn More
6 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.
TotalDirect, a division of City National Bank of Florida	5.66%	$25,000	Learn More
Last change: ↑0.46% on December 15, 2023. 3 Month CD.
Northern Bank Direct	5.60%	$500	Learn More
Last change: ↑0.60% on April 19. Warning: Early Withdrawal Penalty is 12 Months interest.
Bank5 Connect	5.50%	$500	Learn More
Last change: ↑0.20% on September 8, 2023. 6 Month CD.
Modern Bank, National Association	5.50%	$10,000	Learn More
Last change: ↓0.05% on March 15. 3 Month CD.

Compound Interest Calculator CD Account from TOWN AND COUNTRY with 1.82% APY