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Radda [10]
3 years ago
9

Which of the following statements about investing is

Business
1 answer:
GREYUIT [131]3 years ago
3 0

Answer:

B.Investing is riskier than putting money in a savings

accounts.

Explanation:

Savings refers to putting money aside for future consumption. Most firms and individuals save in savings accounts because they are safe and secure. Saving is considered risk-free, meaning the money saved is highly-unlikely to be lost.

Investing is engaging in commercial activities to make profits and grow wealth. Money put into an investment project is active, unlike the funds in a savings account. Investing has higher returns than savings but is also riskier. Money saved earns little interest on will remain the same but money invested can generate high profits or suffer losses.

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Answer:

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Explanation:

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6 0
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