Question

9. Richard wants to start a college savings account for

his daughter. Which would be helpful advice to give
Richard in order to help him maximize his savings
amount?
A Invest for only a short amount of time
B. Choose a savings account with a small interest rate
C. Regularly withdraw money from the savings
account
D. Choose a savings account with compound interest
rather than simple interest​

Answer 1

d

Explanation:

compound interest would generate more over time then simple interest