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/biz/ - Business & Finance

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54883709 No.54883709 [Reply] [Original]

If I have 1000$ and can get 3.7% in interest is it better to do two bank accounts with 500$ or just one with 1000$. Or is there any benefit in doing 10 bank accounts each with 100$? Will it not result in more profit because it compounds faster?

>> No.54883721

>>54883709

Meds.

Now.

>> No.54883733
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54883733

Astroturfing Glowies you know I know we all know you are being let by the nose by your masters. Its your job, we see you have halfed assed it
Just stop, buy btc and frontrun your masters bankrun, you have until Monday 9:30 Eastern time

>> No.54884067
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54884067

If you get 3.7% interest and open 10 bank accounts it's basically 37% interest so do the math

>> No.54884275

>>54884067
Yeah but the principal is lower 100 versus 1000 so not sure if it works out
No idea how to calculate

>> No.54884285

>>54883709
AX + BX = (A + B)X
Basic algebra. The return is the same.

>> No.54884288

hahahahaha

>> No.54884294
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54884294

>>54884067
>>54884275

>> No.54884303

1000+(1000*3.7) = 1037
500+(500*3.7)+500+(500*3.7) = 1037