Compare Analysis of Randolph-brooks with 4.87% 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
    $50,000
    12 Month
    4.87%
    8.79x (National Avg. - 0.55%)
    $1,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    4.87%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,435 1,705
    2 52,435 2,554 1,788
    3 54,989 2,678 1,875
    4 57,667 2,808 1,966
    5 60,475 2,945 2,062
    6 63,420 3,089 2,162
    7 66,509 3,239 2,267
    8 69,748 3,397 2,378
    9 73,144 3,562 2,493
    10 76,706 3,736 2,615
    11 80,442 3,918 2,742
    12 84,359 4,108 2,876
    13 88,468 4,308 3,016
    14 92,776 4,518 3,163
    15 97,294 4,738 3,317
    16 102,033 4,969 3,478
    17 107,002 5,211 3,648
    18 112,213 5,465 3,825
    19 117,677 5,731 4,012
    20 123,408 6,010 4,207
    TOTAL $79,418 $55,593