Holding everything else equal, the _____ the interest rate on saving, the _____ the future value of that saving.
A)higher; greater
B)higher; lower
C)lower; greater
D)lower; the more negative

Question

Quizplus · Accepted Answer

The higher the interest rate, the more interest earned on the savings, which increases the growth of the savings over time. Therefore, a higher interest rate leads to a greater future value of savings.

Holding Everything Else Equal, the _____ the Interest Rate on Saving