Savings accounts are different from investments in that they

Is (typically have lower interest rates)

Question

05-02-2021
Business

Answered

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Savings accounts are different from investments in that they

Is (typically have lower interest rates)

Sagot :

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Lanuel Lanuel · Answer 1 · 2021-02-10T03:09:02-05:00

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.

Sagot :

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