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If the interest rate on a savings account is 0.01%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single $9.99 below-minimum-balance fee?

User Alan Nexus
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1 Answer

6 votes
$100,000. Hope this helps! If you want to know how I came about this answer, just drop a comment down below.
User Yash Thakur
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8.5k points
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