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:
B is the Author's point of view
Explanation:
Hope this helps
Answer:
C. Rick and Kate built the house with their own hands.
Explanation:
An active voice is opposite from the passive voice. In this example, the subjects are Rick and Kate and they are doing the action. The verb is to built and refers to active because the subjects are performing an action on object. The object in this example is house. This example is in active voice because there are all elements needed for the acting and can be transformed into passive voice.
Answer:
add more key details and main ideas.
Explanation:
