Kailey's parents are planning to open a savings account for her future college expenses. to their money grow faster, kailey's parents will want to find a bank a) that has a low interest rate. b) that has a high interest rate. c) that provides a monthly statement. d) that gives the best gift when you open an account.

Solution:

we are given that

Kailey's parents are planning to open a savings account for her future college expenses. To help their money grow faster.

Since they want the money to grow faster and money can grow faster only if the bank pays higher interest on the savings.

Hence

Kailey's parents should choose a bank that has a high interest rate.

Hence the correct option is (B)

The answer is B. Have a great day.

what is the question?

step-by-step explanation:

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.