A few days ago
the amount of money that you put in your savings account is called wat?
interest ?effective yield? principal or compound interest
Top 5 Answers
A few days ago
Favorite Answer
Principal is always the amount of money you put into something. You earn interest on it. Effective yield measures the amount of interest you earn when you take into account compounding frequency.
1
A few days ago
Principal. Usually banks give you interest (a percent) for keeping your principal in the bank.
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A few days ago
Principal or Savings deposit.
1
A few days ago
intrest…..that only a guess…..but im pretty sure its right
0
A few days ago
i call it ur savings. kinda simple but still it’s wat it basically is.
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