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:
No revision Is needed in this Sentence
Explanation:
hope this helped
Answer:
Animal Rebellion
Explanation:
Russian Revolution of 1917
Answer:
I think A tell me if I am right
The words “You don’t have to feel like a waste of space” meaning that you yourself are worth something so you are not a waste. “You are original, cannot be replaced” it means you are the only one out there. Nobody is exactly like you, so if you disappear no replica can be made. “If you only knew what the future holds” means that there is a lot of potential for you and it gets better in the future. “After a hurricane comes a rainbow” meaning that it always gets worse before it gets better. So in all it starts from telling you, you are something and someone and to keep in mind that it will be worse but in the future the rainbow will show the light of how it gets better.
I hope I explained well~~~
