Saturday, March 11, 2006

According to the national bank, the Thoroughbred Goal Saver offers a premium interest rate of 6% or whatever.

I had $1500 at the start of February in the account. They say I qualified for premium interest.

1% of $1500, is $15.

I only received $8 dollars of interest.

That isn't even CLOSE to 6%.

Can some smart economics guy explain this to me?

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