Why should you avoid leaving your idle
cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.

Question

04-06-2022
Business

Answered

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Why should you avoid leaving your idle
cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.

Sagot :

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Kendallsykes10p4b3jlidn Kendallsykes10p4b3jlidn · Answer 1 · 2022-06-04T17:28:47-04:00

Kendallsykes10p4b3jlidn Kendallsykes10p4b3jlidn

04-06-2022

The answer is C, or You will be required to pay a high interest rate.

Explanation:

Leaving idle cash sitting in a bank will result in an inactivity fee, which technically is considered interest.

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