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Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
If Jackson is paid an interest rate of 10 percent on his savings but the inflation rate has risen to 20 percent the purchasing power of his savings is?
If Jackson is earning an interest rate of 10 percent on his savings while the inflation rate is at 20 percent, his purchasing power is decreasing. This is because the inflation rate exceeds the interest rate, resulting in a net loss of value in real terms. Essentially, he is losing 10 percent of the value of his savings each year due to inflation outpacing his interest earnings. Therefore, his savings are effectively becoming less valuable over time.
Which foreign exchange system has the highest foreign exchange rate?
The Zimbabwean has the highest foreign exchange rate.
Lowest inflation rate in world?
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
Which 20 countries has highest value for it's currency?
20 countries has highest value for it's currency
Which company offers the highest savings rate on insurance?
The most popular company that offers the highest savings rate on insurance is USAA. Some other companies that offer the highest savings rate on insurance are Erie Insurance, MetLife, Allstate and many more.
What bank offers the highest savings account rate?
There are many banks that offer a higher interest rate savings account. Some of the highest rates can be found at EverBank, Ally Bank, Capital One, Barclays, and CIT Bank.
What of the SAARC countries has highest birth rate?
India has the highest birth rate of the SAARC countries.
Which companies offer the highest interest savings account?
The highest interest of savings account offers online banks. Richard Barrington Contributer for instance gives chances of finding the highest interest rate for your savings.
Which type of account will typically have the highest interest rate?
savings accounts
What is the highest savings interest rate available locally?
According to Bankrate the best rate is 0.73% currently.
Highest literacy rate of Muslim countries?
The country with the highest literacy rate among Muslim countries is Tunisia, with a literacy rate of around 81%.
What countries have the highest infidelity rate?
togo
Which banks offer the highest savings rates in the country?
The savings rates offered by the banks vary from country to country. In US, Ally Bank is the most famous bank that offers the highest savings rate. The American Express is the second best bank in terms of offering highest savings rates.
What type of account has highest instrest rate?
High-yield savings accounts typically offer the highest interest rates compared to other types of accounts. These accounts are specifically designed to help you grow your savings faster by providing a competitive interest rate.
What is the best money rate available for savings accounts currently?
The best money rate available for savings accounts currently varies depending on the financial institution and the type of account. It is recommended to compare rates from different banks and credit unions to find the highest rate for your savings.
What bank offers a high savings interest rate?
Rated best bank by Money Magazine 2012, Ally bank offers the highest savings interest rate. The interest rate starts at .84% and has no minimum balance or monthly fees.
