Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month


Sagot :

The answer I think is D or A

Answer:

C.

Explanation:

I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.