Savings and Loans

Bytr: Business models should depend on investment potential. Before college I could open multiple accounts of $5000. Since 2001, max is $200 - No way to fix this. Logistically this implies that just the idea of starting a successful venture REQUIRES this amount.

Savings are cash sums held interest-free in owner accounts.

Bytr: On the other hand, a loan. Loans have a capacity to generate $1000 per year per person. Generally interest bearing at 2.4%.

Bytr: My savings is at $750.00 in 3 months. But honestly I opened the account six months ago.

Bytr: Do High-yield savings accounts really exist? Where holders earn 2% rate of interest? Is it 2% per month or year?