sofia has saved $10,000. she wants to be sure that she is earning interest on her money and can add to her…

sofia has saved $10,000. she wants to be sure that she is earning interest on her money and can add to her savings. she also wants to be able to access her money if the need should arise. which type of account is most suitable for sofias needs?\no a money market account\no a certificate of deposit\no a savings bond\no a checking account

sofia has saved $10,000. she wants to be sure that she is earning interest on her money and can add to her savings. she also wants to be able to access her money if the need should arise. which type of account is most suitable for sofias needs?\no a money market account\no a certificate of deposit\no a savings bond\no a checking account

Answer

Answer:

A. a money market account

Brief Explanations:

A money - market account earns interest and allows for some access to funds when needed. A certificate of deposit has a fixed term and early withdrawal penalties. Savings bonds are long - term investments with limited liquidity. A checking account typically has low or no interest.