Compare Analysis of Lee Bank with 500.00% 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
    Lee Bank
    $50,000
    N.A.
    500.00%
    899.28x (National Avg. - 0.56%)
    $25,000
    Bank
    -
     
    SCENARIO
    Year Rate
    500.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 250,000 175,000
    2 300,000 1,500,000 1,050,000
    3 1,800,000 9,000,000 6,300,000
    4 10,800,000 54,000,000 37,800,000
    5 64,800,000 324,000,000 226,800,000
    6 388,800,000 1,944,000,000 1,360,800,000
    7 2,332,800,000 11,664,000,000 8,164,800,000
    8 13,996,800,000 69,984,000,000 48,988,800,000
    9 83,980,800,000 419,904,000,000 293,932,800,000
    10 503,884,800,000 2,519,424,000,000 1,763,596,800,000
    11 3,023,308,800,000 15,116,544,000,000 10,581,580,800,000
    12 18,139,852,800,000 90,699,264,000,000 63,489,484,800,000
    13 108,839,116,800,000 544,195,584,000,000 380,936,908,800,000
    14 653,034,700,800,000 3,265,173,504,000,000 2,285,621,452,800,000
    15 3,918,208,204,800,000 19,591,041,024,000,000 13,713,728,716,800,000
    16 23,509,249,228,800,000 117,546,246,144,000,000 82,282,372,300,800,000
    17 141,055,495,372,800,000 705,277,476,864,000,000 493,694,233,804,800,000
    18 846,332,972,236,800,000 4,231,664,861,184,000,000 2,962,165,402,828,800,000
    19 5,077,997,833,420,800,000 25,389,989,167,104,000,000 17,772,992,416,972,800,000
    20 30,467,987,000,524,800,000 152,339,935,002,624,000,000 106,637,954,501,836,800,000
    TOTAL $182,807,922,003,148,734,464 $127,965,545,402,204,127,232