I have a savings account which I put a cerain weekly amount in, and even though I made no withdrawls and the deposits were the same, I made less interest this month than I did the previous month.
2006-11-23 13:05:18 · 4 answers · asked by Ryan 2 in Business & Finance ➔ Personal Finance
panhandle...you'll make more !!!!
2006-11-23 13:08:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The interest rate might have changed. And also, the interest depends on the number of days in the month, so a 30-day month will give less interest than a 31-day month.
2006-11-23 13:41:43 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
do u must have a savings account but the bank pays you for putting money in their bank like 3 cents so if have any more questions I'm at sporty_babe_94
2006-11-23 13:10:26 · answer #3 · answered by sporty_babe_94 1 · 0⤊ 0⤋
The bank must have changed (lowered) the rate of interest they are paying.
2006-11-23 13:07:14 · answer #4 · answered by Random Precision 4 · 0⤊ 0⤋