Question

Brian has been working for a few years now and has saved a substantial amount of money. He now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. Which type of bank account should Brian open?

savings account
money market account
money market account
certificate of deposit

Answer 1

Answer: Money market Account

Explanation:

Answer 2

The type of bank account that Brian needs to open is money market account and certificate of deposit.

What does bank account mean?

A bank account is a kind of account that is often opened with a bank where one can  save  money.

Therefore, based on the above scenario, The type of bank account that Brian needs to open is money market account and certificate of deposit.

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