kate242 kate242
  • 03-02-2018
  • Business
contestada

You put $500 in an interest-bearing bank account that pays 2% per year has a fee of two dollars per month. Are you getting ahead?

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Classic61l Classic61l
  • 03-02-2018
2% of $500 = $10

$2 per month for a fee = $12 in fees

You ar losing $2 every year
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