Compare Analysis of Peoples Bank (Mississippi) with 1.62% 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.

  • 1
    ONLINE CD
    Peoples Bank (Mississippi)
    $50,000
    24 Month
    1.62%
    2.47x (National Avg. - 0.66%)
    $100,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    1.62%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 810 567
    2 50,810 823 576
    3 51,633 836 586
    4 52,470 850 595
    5 53,320 864 605
    6 54,183 878 614
    7 55,061 892 624
    8 55,953 906 635
    9 56,860 921 645
    10 57,781 936 655
    11 58,717 951 666
    12 59,668 967 677
    13 60,635 982 688
    14 61,617 998 699
    15 62,615 1,014 710
    16 63,629 1,031 722
    17 64,660 1,047 733
    18 65,708 1,064 745
    19 66,772 1,082 757
    20 67,854 1,099 769
    TOTAL $18,953 $13,267