jlnormoyle jlnormoyle

14-09-2022
Business

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Which option describes a bank savings account?

A. An account giving 0.05% interest with no other limitations

B. A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.

C. A "basket" of money pooled in by many investors to acquire securities based on the value of cash.

D. An investment in stocks.

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