MOST brick and Mortar Banks
Starting amount.................$1,000.00 Years 10 years. Additional contributions $0.00 per month Rate of return 0.01% compounded monthly Total interest $1.00 Total at end of investment $1,001.00 <----- |
Online Bank (ALLY)
Starting amount $1,000.00 Years 10 years. Additional contributions$0.00 per month Rate of return .80% compounded monthly Total interest $83.00 Total at end of investment $1,083.00 <----- |