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Rosa is a high school freshman with no savings. She wants to buy a new smartphone in a few months for $300. Which account type best matches Rosa's financial goals? Answer Choices: simple savings account
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Rosa is a high school freshman with no savings. She wants to buy a new smartphone in a few months for $300. Which account type best matches Rosa's financial goals?

Answer Choices:
simple savings account
money market account
certificate of deposit

User Alex Ortner
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2 Answers

4 votes
simple savings account
User Peter Savnik
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8.3k points
2 votes
a simple savings account would be the the answer choice for this question, considering this isn’t a long term goal and $300 is quite a small amount.
User Aminah
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