savings account
Apple's savings account, what is the calculation of 4.15% per annum if I put in $1000?
iPhone 14 Pro Max
So, here’s the conditions for this calculation. This assumes no changes in deposits or interest rate. You’ll deposit $1000. Make no additional deposits, interest rate won’t change (up or down).
After 365 days, you have approximately $1,000 + an additional $41.54 in earned interest. Please see screenshot of financial calculator.
APR IS 4.07% and APY is 4.15%