Continuing to compound for 30 years amounts to a lot of cash; though, in the case of house payments, the total is ... 5% on its money market account (money market accounts are not federally insured against total loss), while credit unions are closer to 1%. ... Finances [SCF98], released in Washington, DC, October 17, 2000: www.consumerfed.org/release17oct.pdf. ... This is one form of simple interest.
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