Compare Analysis of Kahoka State Bank with 1.77% 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$50,00060 Month1.77%1.93x (National Avg. - 0.92%)$10,000Bank-SCENARIO
Year Rate
1.77%Annual
InterestAnnual Interest
(After Tax)1 50,000 885 620 2 50,885 901 630 3 51,786 917 642 4 52,702 933 653 5 53,635 949 665 6 54,584 966 676 7 55,551 983 688 8 56,534 1,001 700 9 57,534 1,018 713 10 58,553 1,036 725 11 59,589 1,055 738 12 60,644 1,073 751 13 61,717 1,092 765 14 62,810 1,112 778 15 63,921 1,131 792 16 65,053 1,151 806 17 66,204 1,172 820 18 67,376 1,193 835 19 68,569 1,214 850 20 69,782 1,235 865 TOTAL $21,018 $14,712