Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Savings accounts are different from investments in that they


Is (typically have lower interest rates)

Sagot :

Lanuel

Answer:

True.

Explanation:

Savings accounts can be defined as as an account operated by a financial institution which offer its holders lower interest rates.

Savings accounts are different from investments in that they typically have lower interest rates.

Investments such as real estate properties, bonds, and stocks generally offer higher interest rates to the investors. Therefore, investors are usually more likely to invest their money in these investments rather than have their money remain in a savings account.

We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.