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
(4 points)
Mila [183]

Answer:

what does DOELW mean?

Explanation:

5 0
3 years ago
Plz hurry// Consider this thesis statement: “Frederick Douglass contributed to the abolitionist movement by describing his exper
Goshia [24]

Answer:

B

Explanation:

the other two make no sense they are about something else

6 0
3 years ago
Read 2 more answers
Water would be considered a _______.
Maurinko [17]
Water could be considered a resource, a mineral, an expensive and vital enterprise to life and various other purposes, also might have catalysed the formation of life on earth.

Water is a vital source for many functions such as the earth's temperature, humidity, biogeochemical cycles and other roles.
4 0
3 years ago
Read 2 more answers
How did the southern states keep African Americans from voting without violating the Fifteenth Amendment? Please someone for the
balu736 [363]

Answer: Poll taxes, literacy tests, fraud and intimidation all turned African Americans away from the polls.

Explanation:

6 0
3 years ago
Read 2 more answers
Why did the U.S. finally grant Native Americans citizenship in 1924?
seraphim [82]

On June 2, 1924, Congress enacted the Indian Citizenship Act, which granted citizenship to all Native Americans born in the U.S.

I hope this was helpful

5 0
3 years ago
Read 2 more answers
Other questions:
  • Why did so many soldiers after the civil war become addicted to opiates ? Please offer a minimum of two examples.
    13·1 answer
  • Read this outline for an argumentative essay.
    6·2 answers
  • What is the precondition necessary for a people or nation to have extensive individual liberties?
    6·2 answers
  • Help im on timer ;-;
    6·2 answers
  • Which of the following was one result of the Green Revolution?
    15·1 answer
  • Which statement about Brown v. Board of Education is true? A. No one had ever tried to challenge school segregation in court bef
    8·2 answers
  • PLEASE HELP
    13·1 answer
  • The heir to the throne of Austria-Hungary was assassinated in
    8·1 answer
  • Ill give out brainliest !
    8·2 answers
  • Select the correct answer. What is absolute location? A. the exact location of a place based on its latitude and longitude coord
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!