lebogangmasenya1 lebogangmasenya1

12-05-2021
Mathematics

contestada

the difference between savings and and fixed deposit account

Respuesta :

tryinghard62 tryinghard62

12-05-2021

Answer:

Fixed Deposits have a fixed lock-in period, which limits the unnecessary withdrawal of your money until maturity. A savings account, on the other hand, enables you to withdraw any amount at any time, which proves detrimental to your goal of wealth appreciation.

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