Cobblestone American History and Current Events for Kids and Children

AN INTERESTING THING ABOUT MONEY

When it comes to money matters, interest can be a friend and a foe.

A Friend

When you make a deposit in a savings account, the bank usually agrees to pay monthly interest to you as its customer. That payment of interest is in return for the bank’s ability to use the funds until you need the money back. Suppose you deposit $100 in a savings

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