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How to calculate online banking APY's rate??


BECAUSE THE SYSTEM IS UPDATE EVERY MONTH AND RULE IT SEEMED UNLIKELY THEN CD'S APY FORMULA...

EXAMPLE::
BANK::HSBC ONLINE(NOT BAD...)
RATE::6.0 APY
DEPOSIT::2000$

HOW MUCH WILL MAKE FIRST MONTH??

PS::ALL $ IS BY US CURRENCY.

10 bucks
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