What's the difference betwen Municipal Bonds and Savings accounts? Which is better and why? this is a question for my problem solving class your help would be greatly appreiciated
Municipal bonds are isued by a municipality (city) in order to raise money; it is actually a loan that you make and at the end of a specific term you will get your money plus interest.
A savings account is your personal bank account. You can deposit or withdraw money whenever you wish and you will receive interest compounded quarterly.
Got an answer for tabcoop4ever? Would you like to comment on the posted answers, or vote for the one which you think is the best?
Sign up for a free account, or sign in (if you're already a member).
