Which is better to do, put more money in a bank account (as the principle) because the more you start with, the more interest you will gain. Or put the original amount of money in a bank account with a higher interest rate.

Question

sarahezzmck · Answer

@mhdfawaz

anonymous · Answer

I think it would be better to put more $ in the bank

sarahezzmck · Answer

@David.

sarahezzmck · Answer

thats what i was thinking as well but im not sure.

anonymous · Answer

hold on im asking one of my friends

sarahezzmck · Answer

okeydoke, sorry, i had to straighten my sisters hair, cuz uk, my sisters hair is more important than my school...:/

anonymous · Answer

put the original money in a bank account with a higher interest rate

anonymous · Answer

LOL

sarahezzmck · Answer

lol sorry that was a bit mean. Thats the right way to do Moe?

anonymous · Answer

yes it is

sarahezzmck · Answer

@nitronut what do u think?

sarahezzmck · Answer

can u explain how?

anonymous · Answer

now that i think of it mhdfawaz is right

sarahezzmck · Answer

but how?? I need an explanation please because im confused

anonymous · Answer

because when u put the original money you are gonna get a high interest better than putting money and getting different interest each time

sarahezzmck · Answer

ooh ok, I get it. lol thanks Moe. so what did u say u needed help with on PM? and nvm i just got tagged. lol

anonymous · Answer

loool

sarahezzmck · Answer

thanks Alex for helping too

anonymous · Answer

no problem even though i didnt really help