Evaluating Investment Alternatives

Savings accounts are a great way to keep your money safe and to earn a small amount of interest. But when it comes to investing your money for the long term there are better options than a standard savings account.

In this activity, you’ll learn about the differences between a savings account, a mutual fund, and other types of investment accounts. By calculating interest for these different accounts, you’ll get a better idea of which accounts might be best for you now and in the future.

Grades 7-12
30 min
Personal Finance

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