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Write a letter to your cousin explain to him the improtance of saving money in bank​

User ForceMagic
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8 votes

Answer:

Dear Mike,

I have noticed that you are always asking for cash from our grandparents and I'd like to offer you some advice as an economics expert. Placing your money in a bank instead of under your mattress applies interest rates to your money. Yes. That's right. By putting your money in your bank, it will multiply by a pre-set percentage and you may not have to beg for money any more. I hope you follow my advice, Mike. It's a little pathetic. You're 40. See you at Thanksgiving!

-Kyle Garnet the 3rd

Step-by-step explanation:

Economics with spice. Hope this helps.

User Virna
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