Question

Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account
B. A checking account
С. A transaction account
D A debit card account

Answer 1

Answer: A. A savings account

Step-by-step explanation:

Hi, a savings account is a type of bank account that allows you to deposit money and earn interests for your deposits.

There are different interest rates offered, depending on the bank chosen.

Money kept in a savings account isn’t quite as accessible as cash kept in a checking account.

Feel free to ask for more if needed or if you did not understand something.