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mightyspiffy
mightyspiffy mightyspiffy
  • 09-06-2015
  • Business
Answered



A higher level of interest income can be received if a savings account offers a promotional rate.

True

False

Verified Answer :

Ruffkin
Ruffkin Ruffkin
  • 10-06-2015

True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.

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