f you want a higher interest rate and need to make only a few transactions per month, which type of account should you choose?A.Savings accountB.Money market accountC.Checking accountD.Certificate of deposit

Which type of account pays more interest than a savings account but requires you to leave your money untouched for a period of time?A.Money market accountB.Flexible spending accountC.Checking accountD.Certificate of depositSUBMITarrow_backPREVIOUS

Banks provide a higher rate of interest on which one of the following accounts?(A) Saving account(B) Current account(C) Fixed deposits for long period(D) Fixed deposits for very short period

Which type of account would you suggest for someone who needs access to their money on a regular basis and is not concerned about earning a lot of interest? aCertificate of Deposit bChecking Account cSavings Account dMoney Market Account

. Banks provide a higher rate of interest on which one of the following accounts?

You are looking at opening a savings account and have seen that ANZ Bank seems to be offering a good rate on one of their accounts. The account would pay interest monthly. You work out that if you put $1000 in this account, you would have $1012.07 in your account at the end of the year. What would the advertised rate on this account be?a.None of them.b.0.1% per monthc.1% p.a. compounding monthlyd.1.2004% p.a. compounding monthlye.1.207% p.a.