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Earn +20 ptsQ: What was interest rate on savings in 1995?
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What was savings interest rate in 1995?
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.
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.
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