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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