Compare Analysis of The Bank of Missouri with 0.58% 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
    The Bank of Missouri
    $50,000
    24 Month
    0.58%
    0.88x (National Avg. - 0.66%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    0.58%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 291 204
    2 50,291 293 205
    3 50,584 294 206
    4 50,878 296 207
    5 51,174 298 208
    6 51,472 300 210
    7 51,772 301 211
    8 52,073 303 212
    9 52,376 305 213
    10 52,681 307 215
    11 52,987 308 216
    12 53,296 310 217
    13 53,606 312 218
    14 53,918 314 220
    15 54,232 316 221
    16 54,547 317 222
    17 54,865 319 224
    18 55,184 321 225
    19 55,505 323 226
    20 55,828 325 227
    TOTAL $6,153 $4,307