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Will wants to open an account with $500 that will allow him easy access to his funds (by checks, ATMs, or debit card usage) from many locations. He also wants to earn at least a low interest rate and have federal deposit insurance. What kind of account should he open?

User Ttmt
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1 Answer

4 votes

Answer:

The answer is An interest-earning checking account

Step-by-step explanation:

An interest-earning checking account is an account on which you can write checks that earn interest. This account allows you to earn interest on easily accessible cash.

User ComCool
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