Amber Wants to Open an Account, but She Doesn't Know

question 90

Multiple Choice

Amber wants to open an account, but she doesn't know which kind is appropriate. She is interested in earning a higher interest rate and plans to keep at least $1,000 in her account so she can avoid paying a fee. Amber wants to open her account at an investment company and understands that her account will not be covered by federal deposit insurance. What kind of account should she open?

• A) A certificate of deposit
• B) An interest-earning checking account
• C) A money market account
• D) A money market fund
• E) A regular savings account

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Definitions:

Color-Sensitive Cones

Photoreceptor cells in the retina responsible for color vision, responding differentially to light of different wavelengths.

Cortex

The outermost layer of the brain, involved in higher-level functions such as consciousness, thought, emotion, and reasoning.

Neurons

Electrically excitable cells in the nervous system that process and transmit information through electrical and chemical signals.

Wavelength

The distance between successive crests of a wave, especially in sound or electromagnetic waves, indicating a specific characteristic of the wave.