$titleTerm = "Special " Compare Analysis of R Bank with 1.07% APY.


Compare Analysis of R Bank with 1.07% 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
    LOCAL CD
    R Bank
    $50,000
    7 Month
    1.07%
    N.A.
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.07%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 533 373
    2 50,533 539 377
    3 51,072 544 381
    4 51,616 550 385
    5 52,166 556 389
    6 52,722 562 393
    7 53,284 568 398
    8 53,852 574 402
    9 54,427 580 406
    10 55,007 586 410
    11 55,593 593 415
    12 56,186 599 419
    13 56,785 605 424
    14 57,390 612 428
    15 58,002 618 433
    16 58,620 625 437
    17 59,245 632 442
    18 59,876 638 447
    19 60,515 645 452
    20 61,160 652 456
    TOTAL $11,812 $8,268