Does The Intrest from the bank last for ever?

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Does The Intrest from the bank last for ever?

2007-10-15 06:25:23 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit

3 answers

Interest is like any other money. It lasts until you spend it.

-->Adam

"A dollar saved is two dollars earned, after taxes" - Benjamin Franklin (slightly modified)

2007-10-15 06:29:55 · answer #1 · answered by great_and_mighty_adam_levine 4 · 0⤊ 0⤋

Do you mean interest on your money or interest charges on a loan? For a loan, interest accrues as long as you owe money. On a savings account, yes you continue to get interest.

2007-10-15 13:30:07 · answer #2 · answered by Flatpaw 7 · 0⤊ 0⤋

Can you clarify a bit? Do you mean will it stay on your account forever if you don't pay it? Do you mean will it keep accumulating forever?

2007-10-15 13:29:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋