A higher level of interest income can be received if a savings account offers a promotional rate.
True
False

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09-06-2015
Business

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A higher level of interest income can be received if a savings account offers a promotional rate.
True
False

Sagot :

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Ruffkin Ruffkin · Answer 1 · 2015-06-10T00:51:29-04:00

Ruffkin Ruffkin

10-06-2015

True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.

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