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|    Message 23,196 of 23,408    |
|    arghbarg to All    |
|    Simple finance math question    |
|    26 Sep 17 12:15:05    |
      From: timnels@gmail.com              If I had taxable interest of $1800 in a year, given todays banking rates for       CD's and/or savings accounts what would my balance need to be.              I think I understand that if I have an APR of 1% that would mean I had about       $180,000 in the bank for the year, correct? And at 2% that would mean about       $90,000.              The best interest rates I have seen for saving is about 1% and 12-18 month CD       is ~ 2%. I just want to make sure my calculations make sense. Thanks.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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