Compare Analysis of SULLIVAN BANK with 5.51% 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$50,0007 Month5.51%N.A.$1,000Bank-SCENARIO
Year Rate
5.51%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,755 1,929 2 52,755 2,907 2,035 3 55,662 3,067 2,147 4 58,729 3,236 2,265 5 61,965 3,414 2,390 6 65,379 3,602 2,522 7 68,981 3,801 2,661 8 72,782 4,010 2,807 9 76,793 4,231 2,962 10 81,024 4,464 3,125 11 85,488 4,710 3,297 12 90,199 4,970 3,479 13 95,169 5,244 3,671 14 100,412 5,533 3,873 15 105,945 5,838 4,086 16 111,783 6,159 4,311 17 117,942 6,499 4,549 18 124,440 6,857 4,800 19 131,297 7,234 5,064 20 138,532 7,633 5,343 TOTAL $96,165 $67,315