the amount of money that you put in your savings account is called wat?

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interest ?effective yield? principal or compound interest

2007-09-28 05:07:05 · 2 answers · asked by catluna05 2 in Business & Finance ➔ Personal Finance

Principle.

The bank adds interest

2007-09-28 05:09:50 · answer #1 · answered by Steve B 6 · 0⤊ 0⤋

Principal. Usually banks give you interest (a percent) for keeping your principal in the bank.

2016-05-20 23:22:04 · answer #2 · answered by ? 3 · 0⤊ 0⤋