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In a single seasons of utilizing this plan, you’d secure the fresh $400 bank account added bonus and regarding the $420 inside the interest from the savings account. Let’s state your deposit $dos,one hundred thousand within the October within the a checking account you to definitely will pay 5.50% APY. You have decided you’ll deposit $step one,one hundred thousand 30 days for another 1 year (thanks to October 2025).
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