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Which Type of Bank Account Would Be Best for Maintaining

Question 2

Multiple Choice
Which type of bank account would be best for maintaining funds that are used for paying seasonal expenses, such as insurance premiums?
A) Regular savings account
B) Money market savings account
C) Interest-bearing checking account that requires a high minimum balance
D) Regular checking account

Which type of bank account would be best for maintaining funds that are used for paying seasonal expenses, such as insurance premiums?


A) Regular savings account
B) Money market savings account
C) Interest-bearing checking account that requires a high minimum balance
D) Regular checking account

Correct Answer:

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