Economy, asked by lisae5682, 1 year ago

In which situation would a savings account the best investment to earn interest

Answers

Answered by keerthika6
2
A savings account is where you store money in an account until a certain period of time. It is not like a regular checking account, with this it is for either short term or long term savings for something big. We can for sure cross out D. because that makes no since for saving large amounts of money. We can cross B. out cause yes cars get interest, but sometimes it's bad interest. We can cross A out because retirement doesn't bring interest. SO, I think the most logical answer would be C. Buying a house in seven years. It gets good interest rates and if you keep up on payments with everything that you're billed for in a house good credit rates as well.
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