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7 May, 07:00

If you want to take advantage of compound interest, what should you do when an investment produces interest?

a. Use the interest to pay your bills.

b. Reinvest the interest.

c. Put the interest in a savings account.

d. Put the interest in a checking account.

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Answers (1)
  1. 7 May, 07:12
    0
    B reinvest your interest is the best choice but if saving accounts give you a better interest than other reinvestment because investments are riskier then its a safer option but in this case B is the best answer
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Home » Business » If you want to take advantage of compound interest, what should you do when an investment produces interest? a. Use the interest to pay your bills. b. Reinvest the interest. c. Put the interest in a savings account. d.
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