The best reason for depositing money in a bank or credit union savings account instead of keeping your money "under the mattress" is that:
a. money deposited in savings accounts are f. d.i. c. insured
b. most savings accounts earn a guaranteed rate of interest
c. most savings accounts come with a free credit card
d .money in a savings account can be accessed any time during the day or night

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)