martha has selected a savings account that’s insured and offers a competitive interest rate. how can she…

martha has selected a savings account that’s insured and offers a competitive interest rate. how can she take full advantage of the benefits of this account? make regular deposits over time or wait until she has a large amount of money before making a deposit

martha has selected a savings account that’s insured and offers a competitive interest rate. how can she take full advantage of the benefits of this account? make regular deposits over time or wait until she has a large amount of money before making a deposit

Answer

Brief Explanations:

Regular deposits allow for compound - interest growth over time. Even small, consistent deposits can accumulate significantly due to interest compounding. Waiting for a large sum may delay the start of earning interest.

Answer:

make regular deposits over time