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How much interest do you earn on money in your bank account 2024?

Charlotte Hughes | 2023-05-07 11:51:05 | page views:1785
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Harper Kim

Studied at the University of Delhi, Lives in Delhi, India.
You put the $5,000 in a savings account that pays an interest rate of 3%. At the end of one year, you now have $5,150. The bank paid you $150. If you leave your money for another year, you will earn interest on the new balance of $5,150 ($154.50) and reach a new balance of $5,304.50.
2023-05-11 11:51:05

Oliver Campbell

QuesHub.com delivers expert answers and knowledge to you.
You put the $5,000 in a savings account that pays an interest rate of 3%. At the end of one year, you now have $5,150. The bank paid you $150. If you leave your money for another year, you will earn interest on the new balance of $5,150 ($154.50) and reach a new balance of $5,304.50.
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