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Rate of return on savings refers to

a.
availability of your funds on short notice.
b.
tax-free accumulation of savings.
c.
earning potential of savings.
d.
security or safety of funds on deposit.

User Jaxian
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2 Answers

3 votes
The correct answer I believe is a
User Manuel Spuhler
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Answer: (C) earning potential of savings

Step-by-step explanation:

The rate of return on the savings is basically refers to the individual earning potential of the savings.

The rate of return is the amount of the gain from the initial investment and the saving return average amount become 0.06% annually in the year 2013. In the saving account, the rate of the return is basically known as yield.

Over the period of the time, we focus only on the actual return in the form of rate. Therefore, Option (C) is correct.

User Ivan Slaughter
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