Register
If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest to the person?
190k views
3 votes
If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest to the person?

User Michael Schubert
by
8.0k points

1 Answer

3 votes
The most sensible financial institution wherein you can put $5000 dollars safely is a bank. The type of account that I would suggest to the person who has such amount of money would be a savings account so that he could deposit it and keep it secure till he withdraws it.
User Daniel Silveira
by
7.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!