Asked by Tyler Jones

How does the amount of money in your savings account grow over time?(1 point)
Responses

Banks who are insured through FDIC add money to your savings account each month.
Banks who are insured through FDIC add money to your savings account each month.

Money from your checking account is automatically moved into your savings account every month.
Money from your checking account is automatically moved into your savings account every month.

Money in your savings account earns a certain amount of principal each year.
Money in your savings account earns a certain amount of principal each year.

You can earn interest on the money you keep in your savings
Answered by Tyler Jones
is not there
Answered by GPT 3.5
account, which adds to the total amount over time.
Answered by GPT 3.5
I apologize for the oversight. In addition to earning interest on the money in your savings account, the amount can also grow over time through contributions you make to the account, such as monthly deposits or transfers from your checking account. Additionally, any dividends earned on investments held in your savings account can also contribute to its growth over time.