How does the amount of money in your savings account grow over time?

A. Banks who are insured through FDIC add money to your savings account each month.
B. Money from your checking account is automatically moved into your savings account every month.
C. Money in your savings account earns a certain amount of principal each year.
D. You can earn interest on the money you keep in your savings account.

D. You can earn interest on the money you keep in your savings account. The amount of interest earned depends on the interest rate set by the bank and the amount of money you have in your account. As the balance in the savings account grows, the interest earned also increases, leading to compound interest.