Compare Analysis of Washington Trust 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."

  • 1
    LOCAL CD
    Washington Trust Bank
    $50,000
    6 Month
    4.76%
    11.70x (National Avg. - 0.41%)
    $100,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.76%    		 Annual
    Interest    		 Annual 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