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If I invest 100$ into a savings account at a 3% interest can I afford my item in 10 years my item is 999.99

User GEverding
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Answer:

Compound interest allows your savings to grow faster over time. In an ... Note that high-interest savings accounts earn money faster than accounts with lower yields. ... When you invest in the stock market, you don't earn a set interest rate.

Explanation:

User Karl Glaser
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