Compare Analysis of Evolve with 2.78% 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$50,00048 Month2.78%3.42x (National Avg. - 0.81%)$500Credit Union-SCENARIO
Year Rate
2.78%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,390 973 2 51,390 1,429 1,000 3 52,819 1,468 1,028 4 54,287 1,509 1,056 5 55,796 1,551 1,086 6 57,347 1,594 1,116 7 58,942 1,639 1,147 8 60,580 1,684 1,179 9 62,264 1,731 1,212 10 63,995 1,779 1,245 11 65,774 1,829 1,280 12 67,603 1,879 1,316 13 69,482 1,932 1,352 14 71,414 1,985 1,390 15 73,399 2,040 1,428 16 75,440 2,097 1,468 17 77,537 2,156 1,509 18 79,692 2,215 1,551 19 81,908 2,277 1,594 20 84,185 2,340 1,638 TOTAL $36,525 $25,568
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