Maybe $70,000
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
It does not really matter how much money you put in a savings account. The more you put, the more interest adds to the amount. You can add money to the account at any time.
I think as much as you want.
You cannot make much money out of a Savings account. The purpose of this account is to save some money for our future. It does not earn much because of the high liquidity banks have to provide to the account holders. The returns in a savings account would be between 3-4% per year.
Maybe $70,000
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.
my bank account :)
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
To keep track of how much money someone has in their bank account. To keep track of how much money someone has in their bank account.
It does not really matter how much money you put in a savings account. The more you put, the more interest adds to the amount. You can add money to the account at any time.
You have $200 in a savings account. Each week for 8 weeks, you take out $18 for spending money. How much money is in your account at the end of 8 weeks?
A money market account is like a savings account. The disadvantage is that there will not be much interest or return. The advantage is , subject to the restrictions stated when you open the account, you can quickly get all your money out.
Usually, you can put money inside your bank account as much as you want.
What type of account ? nothing if its just an average bank account