Question

If you want to take advantage of compound interest, what should you do when an investment produces interest?
A. Use the interest to pay your bills.
B. Reinvest the interest.
C. Put the interest in a savings account.
D. Put the interest in a checking account.

Answer 1

Answer: B. Reinvest the interest.

Explanation: Although the rest of the options seem valid, the best option you have is to reinvest the interest. You'll ultimately make more using the side cash you've received. Also, it's correct on Edge.

I hope this helped!

Good luck <3