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A dollar and a fraction of a cent. Banks don't pay much interest especially in small accounts you are lucky to get .0024%.
some say it's a bonzy scheme , but if u insist , we need to know the profit percentage to tell ,
some banks give 7%
just follow this rule and u'll know :
as for simple profit:
profit = amount . profit percentage . time (in years)
so the total = amount + profit
as for complex profit follow this one :
profit = amount (profit%+1)^years
again total = amount + profit
interest is really low right now so it would be very little even after a year.
$1.01 if your lucky.
