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Friday, May 9, 1980 3
THE DETROIT JEWISH NEWS
CONTINUOUS COMPOUNDING
CONTINUOUS COMPOUNDING
ANNUAL INTEREST
EFFECTIVE ANNUAL YIELD
Effective Annual Yield subject to change at renewal.
Effective through May
31, 1 °SO
A new 2 1 2 year Money Market Certificate for only ,S100
Deposit $100 or more and earn this guaranteed rate of
interest in an American Federal Savings Money Market
certificate account that matures in 212 years.
Interest is'established monthly, based on a U.S. Treasury
Securities yield 'and is continuously compounded to
provide an even higher effective annual yield. The rate is
guaranteed for the full 21.2 year term.
Federal regulations require substantial penalties for
early withdrawal from certificate accounts:
american
federal
savings
because a bank isn't enough.
DETROIT • EAST DETROIT • CLAWSON • OAK PARK • FARMINGTON HILLS
SOUTHFIELD • BIRMINGHAM/BLOOMFIELD TWP. • WARREN/STERLING HEIGHTS
Member Federal Home-Loan Bank System • lour savings are insured up to 91100,000 by the I ederal !-Ia\ ings & I oan Insurance( orporat ion
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