Answer:
Because money today is more valuable than the same amount of money in the future. ( it's C)
Explanation:
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The correct option is (c) Savers are paid interest because money today is less valuable than money in the future.
The compensation a bank or other financial institution gives a depositor for keeping their money in a savings account is known as interest. By using the money placed to lend money to other customers, a bank effectively borrows money from its depositors.
Although income is normally credited to the account once per month, you can earn interest every day with the majority of savings and money market accounts. CDs, on the other hand, typically pay you at the conclusion of the specified term, though there may be choices to receive interest payments every month or twice a year.
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