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Savings ComparisonSee InstructionsThe savings rates between different accounts is significant. Bank savings rates are currently 0.5% or less, maybe even 0.2%. Currently online banks have savings rates near 1.1% with their money market accounts. Additionally, microfinance lending sites have investments yielding 3%. They can be found at Microplace. Use the calculator above to find out how much more can be saved based on different interest rates. |
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