Matthew has recorded the amount he's saved every three months. Months savings 3 $1,800 6 $3,600 9 $5,400 Christopher saves $550 every month. Matthew's rate is higher by $50 per month.
What is saving?
The act of setting aside a portion of one's present income for later use, or the flow of resources gathered in this way over time. Savings might take the shape of rising bank deposits, buying assets, or holding on to more cash.
What three sorts of saving are there?
Savings accounts come in a variety of options, and they are not all the same. Traditional savings accounts, high-yield savings accounts, money market savings accounts, certificates of deposit, cash management savings accounts, and speciality savings accounts are available.
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