Princesscupcake8756idn
Answered

Discover a wealth of information and get your questions answered on IDNLearn.com. Discover detailed answers to your questions with our extensive database of expert knowledge.

Which savings account will earn you the most money?

1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.

Sagot :

Nehamani75idn

Answer:

one that earns simple interest daily

Abiolataiwo2015idn

The savings account that earn you the most money is: 3.One that earns simple interest daily.


What is savings account?

Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.

A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.

Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.

Learn more about savings account here:https://brainly.com/question/25787382

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.