Which option is an investment with compound interest?(1 point)

Responses

a mutual fund following the S&P 500
a mutual fund following the S&P 500

a savings account
a savings account

a rental property
a rental property

a checking account

1 answer

The option that is an investment with compound interest is a savings account.

Savings accounts typically earn interest that is compounded, meaning that interest is calculated on both the initial principal and the accumulated interest from previous periods.

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