1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Serjik [45]
3 years ago
6

Abbie is in high school and saves money from her afterschool job to buy a car after she graduates from college. She wants a new

car but knows it will cost more than $20,000. By her freshman year, she has saved $12,000. Which of the following would most help her have the most money by graduation? A checking account A compound interest account A simple interest account A high risk investment
History
2 answers:
Arte-miy333 [17]3 years ago
8 0

Abbie is in high school and saves money from her afterschool job to buy a car after she graduates from college. She wants a new car but knows it will cost more than $20,000. By her freshman year, she has saved $12,000. Which of the following would most help her have the most money by graduation?

The correct answer is letter B:  A compound interest account.

If you’ve got money in a savings account, your money will grow due to compound interest. Interest is money the bank paid to you as a reward it is a percentage and generally expressed per annum (interest is proportional to the amount of money you have deposited).

Compound interest is a rate that is applied to the principal and any prior interest earned (that's to say interest on interest). So over a period of time, it is very profitable.

lidiya [134]3 years ago
5 0
A compound interest account
You might be interested in
How did hitler rise to power? (Short summary 3-4 sentences)
Tanzania [10]
Hitler rose to power as the chancellor of Germany in 1933 through a legal election and formed a coalition government of the nsdao-DNVP party .
4 0
2 years ago
Read 2 more answers
A brief, "first-step" presentation of a work to be completed is called a _____. bill draft mark up amendment
puteri [66]

I believe the answer is: Draft

Draft is a rough planning that we made before putting any specification on what we want to do for the presentation. In the draft, we would write the 'big picture' things that we wish to achieve without having to put a specified plan on how to achieve that 'big picture' goals.

6 0
3 years ago
Read 2 more answers
What is the story of the early people of kansas?
Ilia_Sergeevich [38]
Kansas, situated on the American Great Plains, became the 34th state on January 29, 1861. ... This quickly led to violence,and the territory became known as “Bleeding Kansas.” Kansas has long been known as part of America's agricultural heartland, and is home to the major U.S. military installation Fort Leavenworth.
3 0
2 years ago
Why did Europeans generally buy slaves from slave traders rather than capturing the slaves themselves? A Slaves were so cheap th
statuscvo [17]

The answer is D. Africans were generally able to hide from or defend themselves against Europeans.

5 0
3 years ago
What is the main idea about the century of total war by raymond aron
Vinil7 [7]

Answer:

Aron's very thoughtful and incisive analysis is of universal interest. Seeing the world in the midst of a chain reaction of wars

Explanation:

8 0
2 years ago
Other questions:
  • HELP ME PLEASE!!!!!!!
    8·1 answer
  • What is our nations capital located
    6·1 answer
  • How did the Elkins Act hurt corporations?
    6·2 answers
  • Which sentence best describes the effect of the Bill of Rights? It gave Parliament the right to elect a successor when a monarch
    15·2 answers
  • In one complete paragraph identify the single most significant turn of the century invention
    15·1 answer
  • Christopher Columbus attempted to spread what to the natives?
    14·1 answer
  • Hey can any of yall give me a short summary of the battle of hastings please?
    11·1 answer
  • Why did the Nile make farming easy for ancient Egyptians?
    5·1 answer
  • Describe the state governments before the constitution
    13·1 answer
  • What country does the heel of the boot point at?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!