BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are ways to earn interest?
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Bank savings account
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Government bonds
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Money market funds
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All of the above
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Explanation:
Detailed explanation-1: -What are the Different Types of Interest? The three types of interest include simple (regular) interest, accrued interest, and compounding interest.
Detailed explanation-2: -Traditional or Regular Savings Account These are the savings accounts you typically find at traditional banks or credit unions. These types of savings accounts generally allow you to earn interest on your money, although they usually pay lower rates than other savings products.
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