Compare Analysis of SSB Bank with 1.76% 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$50,00013 Month1.76%N.A.$500Bank-SCENARIO
Year Rate
1.76%Annual
InterestAnnual Interest
(After Tax)1 50,000 879 615 2 50,879 894 626 3 51,773 910 637 4 52,684 926 648 5 53,610 942 660 6 54,552 959 671 7 55,511 976 683 8 56,487 993 695 9 57,480 1,011 707 10 58,491 1,028 720 11 59,519 1,046 732 12 60,565 1,065 745 13 61,630 1,083 758 14 62,714 1,103 772 15 63,816 1,122 785 16 64,938 1,142 799 17 66,080 1,162 813 18 67,241 1,182 827 19 68,423 1,203 842 20 69,626 1,224 857 TOTAL $20,850 $14,595