Compare Analysis of The Camden National Bank with 2.71% 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$50,0007 Month2.71%N.A.$1,000Bank-SCENARIO
Year Rate
2.71%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,355 949 2 51,355 1,392 974 3 52,747 1,429 1,001 4 54,176 1,468 1,028 5 55,644 1,508 1,056 6 57,152 1,549 1,084 7 58,701 1,591 1,114 8 60,292 1,634 1,144 9 61,926 1,678 1,175 10 63,604 1,724 1,207 11 65,328 1,770 1,239 12 67,098 1,818 1,273 13 68,916 1,868 1,307 14 70,784 1,918 1,343 15 72,702 1,970 1,379 16 74,673 2,024 1,417 17 76,696 2,078 1,455 18 78,775 2,135 1,494 19 80,909 2,193 1,535 20 83,102 2,252 1,576 TOTAL $35,354 $24,748