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Christina has $30,000 to open a savings account. Because she doesn’t have a checking account, she’ll need to write checks from her savings account. Which account is the best choice for Christina?
standard savings
money market savings
high yield savings
CD

Respuesta :

Christina should probably open a high yield savings because her $ amount is quite high so she should be able to get significant interest from a high yield account. On the other hand, I believe that a high yield account will require her to leave the money in there for at least perhaps 3 months so she should probably get a chequing account for a lesser amount, say $5000 and then the high yield for the balance. 

Answer:

C. High yield savings

Step-by-step explanation: