The option that is an investment with compound interest is a savings account. Savings accounts typically calculate interest on both the initial principal and the accumulated interest over time, which is the essence of compound interest.
Which option is an investment with compound interest?(1 point)
Responses
a checking account
a checking account
a mutual fund following the S&P 500
a mutual fund following the S&P 500
a rental property
a rental property
a savings account
a savings account
1 answer