Savings accounts pay interest on the funds deposited.
This statement is true.
A saving account is a kind of bank account that provides interest for the funds deposited in it. The interest earned on savings account is generally less that the interest earned on other forms like certificate of deposit etc.
The savings account can be accessed whenever required and the interest is added each month to the prevailing balance.
Hello! So, in order to solve this question, we should do 500/4. 500/4 = 125. Multiply 125 by 3 and you get 375. The horse costs $125 and the carriage costs $375.
