JTRussell9638 JTRussell9638

03-12-2019
Business

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Hannah needs a savings tool to help her manage her everyday purchases. The savings tool needs to be very liquid and accessible. Which of the following savings tools should Hannah choose?
A. Certificate of depositB. checking accountC. Money market deposit accountD. Any of the above savings tools would help Hannah

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sandlee09 sandlee09

03-12-2019

Answer:

B. checking account

Explanation:

Based on the requirements that Hannah has set forth for herself, it seems that the best option would be a checking account. This is a type of bank account that is very liquid, meaning she can easily access her money whenever needed and can keep track of how much she is spending and saving all through mobile apps or online accounts.

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