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The bank rate
Is equivalent to about 1.663% using compound interest (which is higher than the 1% before)
If it is simple interest only (which I don’t think it is) it would be 1.2%
So in essence the savings rate has gone up slightly
5 votes, 64 points
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ethan I always plus your blogs so you get +20 ❤️
Omg you have 20 points that’s so hot I’m jealous