Compare Analysis of Asian Bank with 1.68% APY
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE
All calculations are for demonstration purposes only.
- 1LOCAL CD$50,00015 Month1.68%N.A.$10,000Bank-SCENARIO
Year Rate
1.68%Annual
InterestAnnual Interest
(After Tax)1 50,000 840 588 2 50,840 854 598 3 51,694 868 608 4 52,563 883 618 5 53,446 898 629 6 54,344 913 639 7 55,256 928 650 8 56,185 944 661 9 57,129 960 672 10 58,088 976 683 11 59,064 992 695 12 60,057 1,009 706 13 61,066 1,026 718 14 62,091 1,043 730 15 63,135 1,061 742 16 64,195 1,078 755 17 65,274 1,097 768 18 66,370 1,115 781 19 67,485 1,134 794 20 68,619 1,153 807 TOTAL $19,772 $13,840