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thubeez asked:

So am I right if I'm calculating with $10,000.00
in an e-checking account, I'll make $625.00 every month?


Sorry! The 6.25% is an annual rate, meaning that you'll get (roughly) $625 in a year, not per month. However, I don't mean to imply that you have to leave it there for a year before you get anything. Checking and savings accounts pay interest monthly. In this case, that means that you'll get roughly $50 per month.

---MountainGuy (who probably doesn't qualify as a newlywed any longer, even though April '97 doesn't seem even close to four years ago)
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