0
The rates were different in different countries, and for how long you were prepared to lend your money. Since neither have been specified, it is not possible to give a sensible answer.
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
What do savings account usually offer a high or low interest rate?
As low an interest as the borrower can get away with and still attract investment.
What would be the yearly earnings for a person with 6000 in savings at an annual interest rate at 5.5 percent?
$330.00
When it comes to savings a good rule to thumb is to always what?
choose the saving account that has the lowest interest rate
In 1960 the inflation rate was about 5.1. If you invested in a savings account with an annual interest rate of 4.9 what was the real growth rate of this investment?
A real "growth" of -0.0019%, approx.
How long it takes for your savings to double at a compound interest rate is called?
Rather obviously, it is called doubling time.
What was the average savings interest rate in 1995 - 2011?
average savings account rate in 1995?
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%
How much is a 50 dollar savings bond worth from 1995?
$50.00 ... plus whatever the interest rate of the bond was at the time of issue.
What was the savings interest rate in 1990?
3%
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.
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%.
The amount of interest is determined by multiplying the amount in savings by the?
Annual interest rate
