We have a very secure method of calculating interest and using it to give YOU more money. We want to make sure that our customers are comfortable with using our bank so we want to first make sure that you know what you are dealing with. For example do you even know what interest is? Do you know how to calculate it? No? Well let me teach you.
Interest is the money that your money earns! I know, your money earns money, how cool is that?! Earning interest on your savings can have a significant impact on your savings potential. Remember interest can only be earned through banks! Anyway, this is how you calculate interest:
- You take your money, for example $1000 which is 100%.
- Then you divide that money by 100 so that the percent is now 1% and your money is now $10.
- After that you multiply your money and percent by your interest. If the interest is 5, you multiply 1(percent) and 10(money) by 5.
- You must add now. You add 100% with 5% and $1000 with $50 which is $1050.
As you can see that our bank, Tavishi Express, long for T.E, finds our customers very important, we find that their opinion of our bank matters so we try to make them feel comfortable and understand the ways of our bank.
The benefit of investing your money in an account that earns annual interest rather than sticking it under your bed are:
- You earn more money as the long-term result
- Your interest rate can increase
- YOU can become a MILLIONAIRE
Do you store your money under your bed, getting all mouldy and crusty? Well, let me tell you that storing your money under your bed is a horrible idea! If you store $1,000 under your bed, it will stay $1,000 until your 65 years old! But is you keep that $1,000 in a bank, you will get interest and by the time you are 65, you will be a millionaire. Just repeatedly store $1,000 every year in Tavishi Express, and we will give you 7% interest on your money!
Still don't understand? Maybe this graph will help you see the impact a bank can make on your money! The pink line with dots is the money you earn if you invest in a bank. The green line with stars is the money you have if you store it under your bed. Remember, the left side has the money you save, and the bottom line is the age!
You see you could earn tons and tons of extra money without doing any extra work, just be investing in a bank without withdrawing money for a couple of years! Tavishi Express will also give you a high interest rate! Which is what you want, right?
A question that always seems to find a way to crawl in is, "Why".
Why is it that if you do not withdraw your money, each year you earn more savings that the year before?
The answer is simple, it is because you earn a higher interest. The bank, my bank, Tavishi Express, wants our customers to stay and not choose another bank over us which is why interest is used. Since we need something to lure our customers in, humans have created the alluring method to be called interest. The higher interest you give, the more customers want to join as they want money. You must remember that you must not give too high of an interest to customers or you will run out of money to give and shut down your bank.
Do YOU realize that by just using a bank, we highly recommend Tavishi Express, you can become a Millionaire. Stick your money in our bank for 46 years, give us $3, 047 every year, and your interest rate will become 7%. Bam, you've got 1,000,100 dollars. Plus, $100!
I hope that you do NOT just read this, and then not come to our bank. Put some thought into the fact that unlike other banks, we have tried to explain the methods of our bank, the doings, what interest is, why we do it, and we have faith that YOU can become a millionaire! Once again, come to Tavishi Express and be the first to deposit your money! Perhaps, when you are older you will remember how you came to be a millionaire - from a paper!
