Answered

Find the best solutions to your problems with the help of IDNLearn.com's experts. Discover reliable answers to your questions with our extensive database of expert knowledge.

Which of the following would be a good reason to place your money into a savings account?

A. You can purchase stocks with a savings account.
B. A savings account earns interest.
C. You can write checks with a savings account.
D. You can use a debit card to make transactions.

Please select the best answer from the choices provided.

Sagot :

GinnyAnsweridn

Final answer:

Placing money in a savings account earns interest over time.


Explanation:

A good reason to place your money into a savings account is that it earns interest over time. Unlike a checking account which facilitates transactions through checks and debit cards, savings accounts provide the benefit of accumulating interest on your deposited funds.


Learn more about savings account benefits here:

https://brainly.com/question/30237724


We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.