22
QuizMultiple Choice

Investment Strategies — Cumulative exam

Question 22 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

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

Answer
A
when you need to make frequent payments for bills
B
when you have to pay monthly installments for a loan
C
when you need immediate access to cash
D
when you want to buy a new car in 3 years
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