Business, 29.02.2020 02:32 hernandez09297

Laurent saves money from his lawn service to buy a new $20,000 mower and trailer. He would like to buy the new equipment as soon as possible but only has $12,000 in his simple interest savings account. To reach his goal sooner, Laurent should:

A. Keep his money where it is and be patient
B. Move his money to an IRA or Certificate of Deposit
C. Move his money to a compound interest account
D. Move his money to a business checking account

Answers: 3

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Laurent saves money from his lawn service to buy a new $20,000 mower and trailer. He would like to b...