Compare Analysis of The Monticello Banking Company with 0.01% 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 PREMIUM MONEY MARKET
    $50,000
    N.A.
    0.01%
    0.05x (National Avg. - 0.22%)
    $2,501
    Bank
    -
     
    SCENARIO
    Year Rate
    0.01%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 6 4
    2 50,006 6 4
    3 50,012 6 4
    4 50,018 6 4
    5 50,024 6 4
    6 50,030 6 4
    7 50,036 6 4
    8 50,042 6 4
    9 50,048 6 4
    10 50,054 6 4
    11 50,060 6 4
    12 50,066 6 4
    13 50,072 6 4
    14 50,078 6 4
    15 50,084 6 4
    16 50,090 6 4
    17 50,096 6 4
    18 50,102 6 4
    19 50,108 6 4
    20 50,114 6 4
    TOTAL $120 $84