Which of the following is the best decision to allocate savings to a productive

1 answer:

6 0

The best decision to allocate savings to a productive use is: C. Option B because the account will accumulate interest over time.

One of the benefit or advantage of a savings account is that it help to accumulate interest based on the amount that was deposited into the account.

With Savings account you can earn interest and can easily have access to you money incase of unforeseen circumstance or during rainy days.

Instead of depositing money into your checking account were you can likely earn low interest as savings account has higher interest rate, it is better to put your savings into productive use by saving your money into your saving account so as to accumulate interest over time.

Inconclusion the best decision to allocate savings to a productive use is: C. Option B because the account will accumulate interest over time.

Learn more about savings account here:brainly.com/question/6594263

You might be interested in

Why did Senator Stephen Douglas introduced the Kansas Nebraska act?

barxatty [35]

Because he felt that there should be power

8 0

3 years ago

What do you understand by unity in diversity

levacccp [35]

Diversity is like people and how different we are. Unity is when we unite. Unity in diversity is speaking about how we need to come together and help each other even though we have our differences.

4 0

3 years ago

Edmund wants to identify relatively consistent patterns of thought and behavior, measure these traits, and determine how these t

garik1379 [7]

Answer:Personality

Explanation:

Personality, is our traits of feelings,thinking and behavior which includes our moods ,attitude

and opinions which are expressed through our interactions with people around us. It refers to our behavioral characteristics which can be observed when we socialize with people around us and our environment.

5 0

3 years ago

The president exerts the most influence over

Alenkasestr [34]

The president exerts the most influence over appointments to federal agency positions.

7 0

3 years ago

Read 2 more answers

You are sitting at a Mexican restaurant waiting for your food. The waiter brings a very hot plate, telling you to be careful abo

EleoNora [17]

Answer: You are sitting at a Mexican restaurant waiting for your food. The waiter brings a very hot plate, telling you to be careful about touching it. You touch it anyway, producing a pain sensation in your fingers, a withdrawal of your hand, and an auditory comment of what you are thinking. This scenario represents an involuntary act on the neuronal circuit.

Explanation:

The neurons of an organism form numerous circuits that originate very complex networks. The nervous current that circulates through them produces two types of acts:

Involuntary Acts. (reflex arc)

They are fast, automatic, and are performed without the action of the brain. In a reflex act, sensitive information only reaches the spinal cord, so the response is automatic. They are the ones that are performed when a quick response is needed.

Voluntary Acts.

They are varied, changing, and more elaborated. Voluntary acts are carried out in a conscious way and are controlled voluntarily. Not all are a consequence of the reception of an external stimulus, since they can be produced directly in the cerebral cortex without the need for an external stimulus.

5 0

3 years ago