If an account owner deposits $5,000 in their savings account, for example, and they earn a simple interest rate of 2% annually, they would earn $100 in interest on that amount in the first year.
Sa tsumbo, vha vhea R1 000 kha akhaunthu yavho ya GoalSave, vha ḓo wana R80 sa nzwalelo nga murahu ha tshifhinga tshi swikaho ṅwaha arali vho tea u wana phimo ya nzwalelo ya 8% kha GoalSave.