Question

Which of the following statements about savings

accounts is FALSE?
Savings accounts are best used to store money for
longer-term goals.
Savings accounts limit the number of withdrawals
that can be made each month.
Savings accounts don't usually require a minimum
balance.
Savings accounts pay interest on the money you
deposit.

Answer 1

C. Savings accounts don't usually require a minimum balance.

Most actually require a minimum balance of about $25!

Hope this helps!

Step-by-step explanation:

Answer 2

B.) Saving accounts limite the numbers of withdraws that can be made each month I believe