The statement about a savings account that is false is "savings account don't usually pay interest on the money you deposit. A savings account is a basic option a bank offers to keep your money in a safe place and it pays you interest."
However, regarding the answer to the question “which of the following statements about savings accounts is false,” you earn interest by depositing your money in the bank. Therefore, the more you deposit, the more you can earn! In addition, your savings account is federally insured.
