Compare Analysis of Luana Savings Bank with 4.76% 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$50,00030 Month4.76%N.A.$2,000Bank-SCENARIO
Year Rate
4.76%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,380 1,666 2 52,380 2,493 1,745 3 54,873 2,612 1,828 4 57,485 2,736 1,915 5 60,222 2,867 2,007 6 63,088 3,003 2,102 7 66,091 3,146 2,202 8 69,237 3,296 2,307 9 72,533 3,453 2,417 10 75,985 3,617 2,532 11 79,602 3,789 2,652 12 83,391 3,969 2,779 13 87,361 4,158 2,911 14 91,519 4,356 3,049 15 95,875 4,564 3,195 16 100,439 4,781 3,347 17 105,220 5,008 3,506 18 110,228 5,247 3,673 19 115,475 5,497 3,848 20 120,972 5,758 4,031 TOTAL $76,730 $53,711