5. what type of account would be best for someone who wants to perform regular transactions like paying…

5. what type of account would be best for someone who wants to perform regular transactions like paying bills?\n a. certificate of deposit (cd)\n b. savings account\n c. credit card account\n d. checking account

5. what type of account would be best for someone who wants to perform regular transactions like paying bills?\n a. certificate of deposit (cd)\n b. savings account\n c. credit card account\n d. checking account

Answer

Brief Explanations:

A checking account is designed for frequent transactions such as paying bills. Certificates of Deposit are for long - term savings with penalties for early withdrawal. Savings accounts are mainly for accumulating money and may have limits on transactions. Credit card accounts are for borrowing money, not for regular bill - paying from deposited funds.

Answer:

d. Checking account