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Bankrate on MSNWhat is interest and how does it work?For borrowers, interest is often reflected as an annual percentage of the amount of a loan. This percentage is known as the interest rate on the loan. For investors or savers, int ...
(FDIC), the average APY on U.S. savings accounts is a mere 0.42%. You can do so many things to beat this dismal figure, maximize the APYs you earn across your bank accounts, and change your ...
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