Question

Three of the following statements are false. Select the true statement.

A. The interest rate is higher than the annual yield.
B. The internet has given people more investment options.
C. Money that is buried in a jar in the backyard is a smart investment
D. The effective annual yield is used to compare consumer credit plans.

Answer 1

The internet has expanded investment options for people.

Step-by-step explanation:

The true statement among the given options is B. The internet has given people more investment options. The statement is true because the internet has revolutionized the way we access and obtain financial information and services. It has increased the availability of investment options and provided people with more opportunities to invest in various assets like stocks, bonds, mutual funds, and cryptocurrencies.

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