Your sister is looking for a way to increase the amount of interest she is earning on
her savings account. What should she do?
A. Use the money from her savings account
B. Switch to a savings account with a lower
to open a checking account instead.
interest rate.
C. Make monthly withdrawals from her
D. Deposit money into her savings account
savings account.
each month.
1 answer
The best option for your sister to increase the amount of interest she is earning on her savings account is:
D. Deposit money into her savings account each month.
By depositing additional money into her savings account regularly, she will have a higher principal amount, which can lead to earning more interest over time.
