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Why should you avoid leaving your idle cash sitting in a bank? A. You will not be able to access it quickly. B. Your money will not be growing as rapidly as if you used another …

Why should you avoid leaving your idle cash sitting in a bank? A. You will not be able to access it quickly. B. Your money will not be growing as rapidly as if you used another …
asked 88.4k views
12 votes
Why should you avoid leaving your idle

cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.

asked
User Rahul Vashishtha
by
8.0k points

1 Answer

7 votes
The answer is C, or You will be required to pay a high interest rate.

Step-by-step explanation:

Leaving idle cash sitting in a bank will result in an inactivity fee, which technically is considered interest.
answered
User Danielbeard
by
9.0k points
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