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Which of the following statements is TRUE? O The interest rate on your savings account will remain the same as long as you keep the account open. O You can choose the interest rate on your savings account,
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Which of the following statements is TRUE?

O The interest rate on your savings account will remain the same as long as you keep the account open.

O You can choose the interest rate on your savings account, but only once per year. O The interest rate on your savings account will vary over time and be set by the bank.

O The interest rate on your savings account will vary over time and be set by the government.

User Reza Babaei
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1 Answer

4 votes

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

User Timclutton
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