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In which situation would a savings bond be the best investment to earn interest?

O if you need access to your cash quickly
O if you are saving each month for a new car
O if you are putting aside a chunk of money to purchase a house in five years
saving to pay a tax bill in four months

2 Answers

2 votes

Answer:

C: In which situation would a savings bond be the best investment to earn interest?

Step-by-step explanation:

on edge2021! hope this helps!~ (*^▽^*)

User Kevin Fisher
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5 votes

Answer:

C). If you are putting aside a chunk of money to purchase a house in five years.

Step-by-step explanation:

The situation of 'putting aside a chunk of money to purchase a house in five years' with a savings bond would be the most appropriate investment for earning interest. This is the most convenient and easy mentod which assist in saving the amount for downpayment of the house which is the first step of owning a house. This has lesser risk of money being lost and makes it easier for proceeding towards the monthly installments to own the house completely. Thus, option C is the correct answer.

User Niko Fohr
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