Which type of deposit typically earns the highest interest rate?Current DepositSavings DepositFixed DepositRecurring Deposit

Question

Which type of deposit typically earns the highest interest rate?Current DepositSavings DepositFixed DepositRecurring Deposit
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Solution 1

The type of deposit that typically earns the highest interest rate is the Fixed Deposit.

Here's why:

  1. Current Deposit: This is a type of deposit account that allows you to deposit and withdraw money at any time but does not earn any interest.

  2. Savings Deposit: This is a deposit account where Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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