Compare Analysis of Mtc with 4.83% 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$50,00026 Month4.83%N.A.$10,000Credit Union-SCENARIO
Year Rate
4.83%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,415 1,691 2 52,415 2,532 1,772 3 54,947 2,654 1,858 4 57,601 2,782 1,947 5 60,383 2,916 2,042 6 63,299 3,057 2,140 7 66,357 3,205 2,244 8 69,562 3,360 2,352 9 72,921 3,522 2,465 10 76,443 3,692 2,585 11 80,136 3,871 2,709 12 84,006 4,058 2,840 13 88,064 4,253 2,977 14 92,317 4,459 3,121 15 96,776 4,674 3,272 16 101,450 4,900 3,430 17 106,350 5,137 3,596 18 111,487 5,385 3,769 19 116,872 5,645 3,951 20 122,517 5,918 4,142 TOTAL $78,435 $54,904