99,757 views
30 votes
30 votes
In order for your savings and investments to truly increase in value what must they do.

User EBS
by
3.3k points

2 Answers

22 votes
22 votes

Answer:

Increase faster than the inflation rate.

Step-by-step explanation:

User Micahblu
by
2.3k points
23 votes
23 votes

Answer:

Here

Step-by-step explanation:

In order for your savings and investments to truly increase value, the increase must be faster than the inflation rate. Option C is correct.

What is the Inflation Rate?

It is the rate at which the cost of money is increasing per unit of product or service in a given period of time.

Or simply a percentage increase in the rate of products per year.

For example- If a person invest $100

After a year he gets 12% returns and at the same price of products increased by 12%, then did not get any returns.

Therefore, in order for your savings and investments to truly increase value, the increase must be faster than the inflation rate.

User Jaco Van Niekerk
by
2.7k points