Why does a savings account make a better investment than a checking account? I WILL MARK BRAINLIEST

Savings accounts earn interest.

Checking accounts have an annual fee.

Savings accounts pay an annual dividend.

Checking accounts aren't government-insured.

For example say you have $670.00 in your savings and your earning a rate of 10% interest by the end of the year you'll have $737.00 in your savings earning $67.00 dollars in interest, by simply saving and then youll earn interest on that new amount.

Answer Link

Why does a savings account make a better investment than a checking account? I WILL MARK BRAINLIESTSavings accounts earn interest.Checking accounts have an annual fee.Savings accounts pay an annual dividend.Checking accounts aren't government-insured.​

Respuesta :

Otras preguntas

Why does a savings account make a better investment than a checking account? I WILL MARK BRAINLIEST

Savings accounts earn interest.

Checking accounts have an annual fee.

Savings accounts pay an annual dividend.

Checking accounts aren't government-insured.