Register
If you want a higher interest rate and need to make only a few transactions per month, which type of account should you choose? 1. Certificate of deposit 2. Checking account 3. Savings account 4. Money
4.3k views
24 votes
If you want a higher interest rate and need to make only a few transactions per month, which type of account should you choose?

1. Certificate of deposit
2. Checking account
3. Savings account
4. Money market account

User Cartalot
by
4.7k points

2 Answers

2 votes

Answer:

1. Certificate of deposits

Step-by-step explanation:

that is the answer

User L Bahr
by
4.6k points
1 vote

Answer:

Money Market Account

Step-by-step explanation:

Limits your number of monthly transactions.

Slightly higher interest rates than the basic savings account.

User JoshuaDavid
by
4.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.7m answers

Other Questions

Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC
Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Link Copied!