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That could be the story of an savings bank account, that provides 4% as interest to the savers. The eye is calculated on the daily balance in your bank account. Earlier, the interest was calculated for a lowest amount in financial institution account with the 10th each month and also the last day of the month. The eye is paid to you at no more the quarter or half year. Implies you bring in more revenue now on your own own savings account than that got last year. But does that also make savings account the number 1 place to park your idle funds?
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