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ABC Bank is getting ready to offer special interest rates for its student savings accounts. How should the bank advertise its rates in order to encourage people to save money with ABC Bank?
A.Account with the highest APY
B.Account with the lowest APR
C.Account with the highest APR
D.Account with the lowest APY

Respuesta :

lokzzs13
Account with the highest APY
abiolataiwo2015

How should the bank  advertise its rates in order to encourage people to save money with ABC Bank is: A.Account with the highest APY.

What is savings account?

Savings account can be defined as the account that enables your to save your money while you earn interest on the amount saved.

Since saving account is an interest bearing account in order to encourage people to save the  bank should advertise its interest rate with the highest annual percentage yield (APY).

Therefore the correct option is A.

Learn more about savings account here:https://brainly.com/question/25787382

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