Final answer:
As a teenager, the best option might be to open all of the accounts listed: a savings account for earning interest, a checking account for daily transactions, and potentially an investment account to grow wealth, to achieve diversified financial options. The correct option is D. All of the above - to have diverse financial options.
Step-by-step explanation:
As a teenager, you might consider opening a savings account to start saving money, which typically pays some interest and helps in building a financial buffer. A checking account is useful for day-to-day transactions and provides easy access to your money through checks or a debit card, and is often offered for free to students by banks. If you're interested in growing your wealth over the long term and you have understood the risks and mechanics involved, you might also think about starting an investment account. However, financial planners recommend saving at least three months of expenses in a liquid account, along with the benefits of both savings and checking accounts such as security offered by the FDIC and liquidity, a combination of these accounts (D. All of the above) would provide the most diverse financial options and could best prepare you for financial security and success.
The correct option is D. All of the above - to have diverse financial options.