Answer:
When it comes to savings, a higher interest rate is the name of the game. It means a better return on your money. The interest rate is what the bank will pay you for the privilege of keeping your money.
Explanation:
For example, it’s not uncommon to get a .01% interest rate on a traditional savings or checking account, while interest rates on high-yield savings accounts can range anywhere from 1% to 1.35%. Here’s how that difference plays out in real life based on a balance of $10,000 after one year, assuming no additional deposits.
Type of savings account /Interest rate/ Balance after one year (based on
monthly compounding)
High-yield savings account/ 1.35% / $10,135.84
Traditional savings account/ .01% / $10,001
That’s a difference of about $135 a year — nothing to scoff at — but that gap starts to widen the minute you make monthly deposits to boost your savings.
For example, if you made $100 monthly deposits — the equivalent of $1,200 a year — your year-end monthly balance on the low-interest savings account would be $11,201.06, compared to $11,343.29 with a high-yield savings account. Over time, this adds up.
Answer:
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Explanation:
Answer:
A) Financial aid for college students should be based on each student's financial need.
Explanation:
In order to answer this question, you need to know the definition of a counterclaim. A counterclaim is a claim the is opposite of yours in an argument.
Now, we need to look at choices. B cannot be correct because it is the same statement, only re-worded. C cannot be correct because it is a fact supporting the original claim. D is also a fact supporting the original claim, so we can rule it out as well. This leaves us with A.
<em>Hope this helps! :-)</em>
1- transitive verbs
2- relative pronouns
3- interrogative pronouns
4- indefinite pronouns
5- pronominal adjective
6- nominative case
7- adjective phrase
8- adverb phrase
9- interjection
10- conjunction
hope it's ok
