$titleTerm = "Special " Compare Analysis of Red River Bank with 5.02% APY.


Compare Analysis of Red River Bank with 5.02% 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
    Red River Bank
    $50,000
    10 Month
    5.02%
    N.A.
    $5,000
    Bank
    -
     
    SCENARIO
    Year Rate
    5.02%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,510 1,757
    2 52,510 2,636 1,845
    3 55,146 2,768 1,938
    4 57,914 2,907 2,035
    5 60,822 3,053 2,137
    6 63,875 3,207 2,245
    7 67,081 3,367 2,357
    8 70,449 3,537 2,476
    9 73,985 3,714 2,600
    10 77,699 3,901 2,730
    11 81,600 4,096 2,867
    12 85,696 4,302 3,011
    13 89,998 4,518 3,163
    14 94,516 4,745 3,321
    15 99,261 4,983 3,488
    16 104,244 5,233 3,663
    17 109,477 5,496 3,847
    18 114,973 5,772 4,040
    19 120,744 6,061 4,243
    20 126,806 6,366 4,456
    TOTAL $83,171 $58,220