How much will $1000 make in a high-yield savings account?
I'm curious to know, just how much could someone potentially earn if they were to deposit $1000 into a high-yield savings account? Would the interest rate be competitive enough to generate a noticeable return on that amount, or would it be a more modest increase? Are there any factors that would affect the final amount, such as the length of time the money is left in the account or the current economic climate? I'm eager to learn more about the potential earnings of such an investment.