How much interest will I get on $1000 a year in a savings account?

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asked Jan 15, 2018 in Investing by immac (180 points)
How much interest will I get on $1000 a year in a savings account?

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answered Jan 15, 2018 by Jodie (35,100 points)
Assuming your interest rate is 10 percent your $1,000.00 per year in your savings account will earn you $100.00 per year.

So you would $1,100.00 after a year of your $1,000.00 sitting in your savings account.

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