Answer: compound interest
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_________________ _______________ pays you interest on what you deposited and on your interest too!
pay you not only the money that you deposited but on your interest as well. at the end of the year instead of having $ 1020 you'll have $ 1020.15 compound interest ex: what happens to your money when your account earns compound interest 4 times a year at a rate of 2%?
The Uptown Bank pays 4 percent interest compounded quarterly on its savings accounts . You want to deposit sufficient funds today so that you will have $2 400 in your account 3 years from today. The amount you must deposit today: will be greater if you invest with The Uptown Bank.
When you make investments you have the potential to make money (called a return). Money in a bank account pays interest which is your return. You earn that small amount of interest for allowing the bank to keep your money. The bank then turns around and lends your money to …
Wed Feb 19 2020 · They pay interest too | Ek Vaat Kau | Ek Vaat Kau Download VTV Gujarati News App at https://goo.gl/2LYNZd VTV Gujar... Your deposits are safer than a Bank here.
Wed Feb 16 2011 · A security deposit protects a landlord against your breaking the lease early and leaving him without rent or from excessive damages to the property . Because you must pay this money to the landlord and cannot use it while you live on the property many states require the landlord to pay interest on the funds.
Sun Mar 15 2015 · You have deposited $ 400 in a simple interest savings account which pays three percent interest annually. Find the amount of int...
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