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13y ago

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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.


What was the average savings interest rate 1993?

The average interest rate on savings accounts is 3.5 to 4%


What is the average savings interest rate 2008-2009?

The average savings interest rate in banks is 3.5 to 4%


Who is the best provider of High Interest Rate Savings Accounts?

WaMu is the best provider of High Interest Rate Savings Accounts.


How could one get savings account interest rate calculation for free?

You could get the calculation of your interest rate in your savings account online. They have calculators online that can help you find your interest rate.


What are the best interest rates on savings in the greater Boston area?

The interest rate on savings is very similar around the country. In Boston the interest rate is .89%


What was the average savings interest rate in 1995 - 2011?

average savings account rate in 1995?


What is the current hysa interest rate for savings accounts?

The current HYSA interest rate for savings accounts is around 0.5 to 1.0 annually.


What is considered to be a high interest savings account rate?

High interest savings account rates vary, depending upon the bank a person selects. A higher interest savings account rate could be anywhere from 0.75% to 1.00%.


What is the savings interest rate of Saga Savings?

The savings interest rate of Saga is actually higher than most places. It is rated at about 2.75%. I highly recommend checking it out if you are looking into something like this.


The amount of interest is determined by multiplying the amount in savings by the?

Annual interest rate


How nominal interest rate and effective interest rate are charged in a savings account?

The nominal interest rate is the stated annual interest rate on a savings account, not accounting for the effects of compounding. The effective interest rate, on the other hand, reflects the actual interest earned over a year, considering the frequency of compounding (e.g., monthly, quarterly). For example, if interest is compounded monthly, the effective interest rate will be higher than the nominal rate, as interest is calculated on previously earned interest. When choosing a savings account, it's essential to consider both rates to understand the true return on your investment.