question 5 of 6\nkeira is new to earning money and saving. she doesnt have a lot of money\nto open an…

question 5 of 6\nkeira is new to earning money and saving. she doesnt have a lot of money\nto open an account. which savings option would be best for her?\nselect a response.\nsavings account\nmoney market account (mma)\ncertificate of deposit (cd)\nchecking account

question 5 of 6\nkeira is new to earning money and saving. she doesnt have a lot of money\nto open an account. which savings option would be best for her?\nselect a response.\nsavings account\nmoney market account (mma)\ncertificate of deposit (cd)\nchecking account

Answer

Brief Explanations:

A savings account typically has a low or no minimum balance requirement, making it accessible for someone with limited funds like Keira. A Money Market Account (MMA) often has higher minimum balance requirements. A Certificate of Deposit (CD) usually requires a fixed - term deposit and may have penalties for early withdrawal. A checking account is mainly for day - to - day transactions rather than saving.

Answer:

Savings Account