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How often interest is added (daily, monthly, quarterly).
Find what APY you need to hit a specific savings goal.
Compare your APY against the current inflation rate. If the inflation rate is higher than your APY, the "story" is that you are actually losing purchasing power, even though your balance is increasing. Quick Analysis Tips
How often interest is added (daily, monthly, quarterly).
Find what APY you need to hit a specific savings goal.
Compare your APY against the current inflation rate. If the inflation rate is higher than your APY, the "story" is that you are actually losing purchasing power, even though your balance is increasing. Quick Analysis Tips