In a situation where Lucy will open a checking account and 3 savings accounts for different purposes, an account recommended for somebody with different needs must not be considered by Lucy for her savings account. Hence, option A holds true.
What is a savings account?
An account, opened for the purpose of accumulation of money and deposition of monies in order to gain a return in the name of fixed interest rate, is known as a savings account.
When the intention of an account holder is defined for a specific purpose, the accounts other than savings account that has an altogether different utility shall not be considered by Lucy.
Hence, option A holds true regarding a savings account. The complete question has been attached as an image for better reference.
Learn more about a savings account here:
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