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What happens when you put your money in a savings account 2024?

Amelia Turner | 2023-05-07 11:50:48 | page views：1755
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Ethan Hall

Works at the International Atomic Energy Agency, Lives in Vienna, Austria.
When you put your money into a savings account, it earns interest. ... The bank pays you interest on the money that you deposit and leave in that account. The bank then loans that money out to other people, only they charge a slightly higher interest rate on the loan than what they pay you for your account.
2023-05-11 11:50:48
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Oliver Parker

QuesHub.com delivers expert answers and knowledge to you.
When you put your money into a savings account, it earns interest. ... The bank pays you interest on the money that you deposit and leave in that account. The bank then loans that money out to other people, only they charge a slightly higher interest rate on the loan than what they pay you for your account.
How do savings accounts work? | HowStuffWorks - Money ...
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