in which situation would a savings bond be the best investment to earn interest?\no if you need access to…

in which situation would a savings bond be the best investment to earn interest?\no if you need access to your cash quickly\no if you are saving each month for a new car\no if you are putting aside a chunk of money to purchase a house in five years\no saving to pay a tax bill in four months

in which situation would a savings bond be the best investment to earn interest?\no if you need access to your cash quickly\no if you are saving each month for a new car\no if you are putting aside a chunk of money to purchase a house in five years\no saving to pay a tax bill in four months

Answer

Answer:

if you are putting aside a chunk of money to purchase a house in five years

Brief Explanation:

Savings bonds are long - term investments. They are not liquid in the short - term, so are not ideal for quick cash access or short - term savings goals like saving for a car in months or paying a tax bill soon. Saving for a house in five years is a long - term goal well - suited for savings bonds.