2006-07-10 07:12:48 · 6 answers · asked by Da Monking 2 in Business & Finance ➔ Personal Finance
You'll get a dozen quick answers, so I'll tell you something else. Get an ING savings account. They pay close to that for a regular savings account. The differenct between 5% and 5.25% on $1,000 is not material.
2006-07-10 07:17:42 · answer #1 · answered by El Guapo 3 · 1⤊ 0⤋
an ING savings accout pays 4.35% and there is not time restriction.
you should get at least 5% on a 6 month CD.
If this is not emergency money, use a CD, If you might have to access it before the 6 months find a high interest online savings account like ING (there are others that might pay a little more)
the difference between 4 and 5% on $1000 for six months will only be a few dollars.
2006-07-10 14:25:56 · answer #2 · answered by yeeooow 4 · 0⤊ 0⤋
simple interest. 4% $20.
5% $25.
2006-07-10 14:18:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I would invest that thousand dollars in Suntrust stock the one you can trust!
2006-07-24 09:25:18 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Depends on whether it is compounded daily, monthly, biyearly or yearly.
2006-07-10 14:16:37 · answer #5 · answered by Marvinator 7 · 0⤊ 0⤋
$20.00 @ 4% APR
$25.00 @ 5% APR
2006-07-23 22:16:18 · answer #6 · answered by geotom 3 · 0⤊ 0⤋