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Sep 16, 2019

[Answer] John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest?

Step 1 : Introduction to the question "John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest? "



...A.) Selecting an account with a high interest rate. B.) Leaving his money in the account for long period of time. C.) Transferring money into his checking account each month. D.) Both A & B*




Step 2 : Answer to the question "John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest? "



Both A & B*:


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Step 3 : Disclaimer & Terms of Use regarding the question "John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest? "


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