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It depends on how often the interest is compounded(annually, monthly...) and also the interest rate of the bank also has an effect on the outcome.
Depends on the interest rate, how often interest is being compounded, and the length of time that the investment is left in the bank.
That depends on how often it's compounded. If it's once a year, 2.27 percent of 150000 is 3405.
First rated bank is the Ge capital Retail bank with a rate of 1.04% compounded daily, but you need a blance of atleast 25,000$. Second rated is the Ally bank with 0.94& compounded daily and no minimum deposit.
the future value of $5,000 in a bank account for 10 years at 5 percent compounded bimonthly?
Bank of Italy merged with Bank of America in 1929 and kept the name Bank of America.
Actually, Nations Bank of Delaware purchased Bank of America to become Bank of America.
Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years
No one. It is still Bank of America.
Wachovia bank is a large bank in the United States. However, Wachovia bank is the not the leading bank in America in bank lending. Bank of America is the leading bank in lending.
£765.31
Bank of America's branches were sold to American Savings Bank.