Compare Analysis of Fall River Five Cents Savings Bank with 4.79% 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 MONEY MARKET
    $50,000
    N.A.
    4.79%
    20.65x (National Avg. - 0.23%)
    $25,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.79%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,395 1,677
    2 52,395 2,510 1,757
    3 54,905 2,630 1,841
    4 57,535 2,756 1,929
    5 60,291 2,888 2,022
    6 63,178 3,026 2,118
    7 66,205 3,171 2,220
    8 69,376 3,323 2,326
    9 72,699 3,482 2,438
    10 76,181 3,649 2,554
    11 79,830 3,824 2,677
    12 83,654 4,007 2,805
    13 87,661 4,199 2,939
    14 91,860 4,400 3,080
    15 96,260 4,611 3,228
    16 100,871 4,832 3,382
    17 105,703 5,063 3,544
    18 110,766 5,306 3,714
    19 116,072 5,560 3,892
    20 121,632 5,826 4,078
    TOTAL $77,458 $54,221