Interest refers to the amount what your money earns when it is kept in a savings instrument.相关知识点: 试题来源: 解析 正确答案:定语从句关系代词误用,应把what改为which或者that或者直接删去。解析:amount在此是先行词,后面是一个定语从句,关系代词在从句中作宾语,故应用that或which引导,也可将其省略。
Interest refers to the amount what your money __3__earns when it is kept in a savings instrument.相关知识点: 试题来源: 解析 把what改为which或者that 【解析】amount在此是先行词,后面是一个定语从句,这个从句显然应该由关系代词that或者which引导。
thus the interest rate the bank earns for each type of loan will vary. For example, a personal loan will almost always carry a higher interest rate than a mortgage. Below is a table of the major sources of income for
As an example of interest rates, say you go into a bank to borrow $1,000 for one year to buy a new bicycle, and the bank quotes you a 10% interest rate on your loan. In addition to paying back the $1,000, you would pay another $100 in interest on the loan. That example assu...
Your money earns interest: Money market accounts allow you to earn interest on your savings, and often more than you would on other options. As Jason Noble, a financial advisor at Prime Capital, explains, “They usually pay a higher interest rate than a regular savings account.” You have ...
A savings account enables you to deposit your money to save for long-term goals, and possibly grow it if your account earns interest.
A high-yield savings account (HYSA) is a savings account that earns a higher-than-average interest rate. While the average return on a traditional savings account is just 0.43%, some HYSAs offer rates over 4%. Most HYSAs are offered by online banks, fintechs or credit unions, but some...
In most cases, your HSA acts like a savings account at first and earns interest the same way a normal savings account does. Other Health Savings Accounts let you invest the money in mutual funds right away—just like an IRA! Some providers require a minimum balance before you can start inv...
An interest bearing account is abank accountthat pays you to hold your money. We’ll outline the different types of interest bearing accounts below for you to compare, which include three popular options: savings accounts, money market accounts, and certificates of deposit (CDs). ...
The average borrower leaves their funds in the account to grow interest. The bank uses these funds to make loans to other clients and charges interest. They then pay you a portion of that interest, while keeping the rest for their own profits. Banks determine their interest rates, using ...