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how is interest calculated on a saving account?
if you keep $10,000 in your saving account - CD for 12 months with the interest of 0.6% a year, how much would you get it exactly?
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- Anonymous1 decade agoFavorite Answer
$10,060, $60 of it interest and ten k back as your principal. If you were so fortunate as to have it compounded monthly, the thrilling total would be $10,060.17
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