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Updated over 3 years ago on . Most recent reply

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Brian Ma
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Compounding Interest Question

Brian Ma
Posted

Hello,

Which makes more interest?

1. Putting all available funds into a 3.3% compounding account?

2. Putting aside a portion of available funds into a 4% compounding account?

Thanks for your input!

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Brian Ma

Assuming you are putting $100,000,000,000,000,000,000,000,000,000,000 into 3.3% and in the alternative you are only putting $5 into 4% account then take the former.

  • Chris Seveney
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