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:
Proteins are the body’s basic structural material and have many vital functions.
Explanation:
Character and plot.
Character would help you understand who was doing something.
Plot would help you understand what is going on.
Hope I helped :)
Answer:
Bias is an inclination toward one way of thinking, often based on how you were raised. For example, in one of the most high-profile trials of the 20th century, O.J. Simpson was acquitted of murder. Many people remain biased against him years later, treating him like a convicted killer anyway.
Explanation:
Who?
<span>What was who doing when he got quite?</span>
