if you had $60,000 in the bank you would get around $16 per day. (i think)
$60,000*0.1 = $6,000 per year
$6,000/365 = $16.4 per day
I hope that is right
matt5250
2006.Oct.11, 07:02 AM
Ya, I understand how interest works, I explained it all in a previous post. I was just wondering when exactly it is allocated so I am sure to have as much money in the bank as possible during those times.
right all along