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What is an advantage of a savings account?

The money is available for an emergency

The money can double or triple in a short period of time

The account is riskier that investing in stocks

All of the above

User Adam Byram
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1 Answer

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Answer: The Money is available for an emergency

Step-by-step explanation:

The saving account is on of the type of normal bank account as it allow users to deposit the money.

The users can withdraw their own amount anytime and it also provide high security. It also provide various earning interest. We can safe our company in the bank account and use it in case of an emergency at anytime.

On the other hand, all other options are incorrect as in the saving account the money cannot be double or triple so quickly in the short period of the time. It is not mandatory that the when we investing money in the stocks it become riskier.

User Stephan G
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