select the correct answer. which of the following is the national average for interest rates on most savings…

select the correct answer. which of the following is the national average for interest rates on most savings accounts? a. 1%-5% b. less than 1% c. 10%-15% d. 5%-10%

select the correct answer. which of the following is the national average for interest rates on most savings accounts? a. 1%-5% b. less than 1% c. 10%-15% d. 5%-10%

Answer

Answer:

B. less than 1%

Explanation:

Step1: Recall savings account rates

In general, national - average interest rates on most savings accounts are relatively low.

Step2: Evaluate options

Options A (1% - 5%), C (10% - 15%), and D (5% - 10%) are too high for typical savings account interest rates. Option B (less than 1%) is consistent with the low - rate nature of most savings accounts.