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Natasha2012
16 days ago
12

Lionel needs money quite frequently and doesn't need much interest at all. Which of these options for saving money is best for h

im?
A. savings bond


B. money market account


C. certificate of deposit


D. savings account
Mathematics
2 answers:
Leona [12.6K]16 days ago
8 0

Response:

The correct choice is D.

Detailed explanation:

Savings bonds allow for earnings over a fixed period with a set interest rate.

Money market accounts offer limited access, permitting only a maximum of three checks each month, and are typically short-term savings tools.

Certificates of deposit (CDs) generally provide higher interest rates than savings accounts, but early withdrawals incur penalties.

Savings accounts permit unrestricted access and offer lower interest compared to CDs or money market accounts.

Thus, Lionel's optimal choice would be Savings account

tester [12.3K]16 days ago
4 0

Response: Savings account - Apex

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