Question

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

Answer 1

the situation in which a saving bond would be the best investment to earn interest is : Saving for home remodelling in six years
Not only we get interest from the saving, but we could also get possibly to earn more income from Real Estate's rise in value

hope this helps

Answer 2

The correct answer is "if you are putting aside a chunk of money to purchase a house in five years".

Step-by-step explanation:

I had to look for possible answers to know well the options I had.

Savings bonds are the best investment to earn interest because if you are setting aside a portion of money to buy a home in five years, a savings bond would be the best investment to earn interest. The main feature is that you can earn interest at a faster rate. This is because they are long-term investments. In a savings account, the person would have easier access to the funds but with the drawback that the interest is very small in comparison.

Have a nice day!