Business, 24.11.2021 18:50 moodyshaliyah01
Norm has $15,000 to deposit. His daughter is a junior in high school and plans to go to college. Recommend the best way for Norm to store his money.
a. A four-year CD paying 4.8% interest, with a substantial penalty for early withdrawal
b. An online savings account offering 2.3% interest
c. A money market account paying 3.5% interest, renewable for three-month commitments
d. A checking account with no monthly fees
Answers: 1
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Norm has $15,000 to deposit. His daughter is a junior in high school and plans to go to college. Rec...
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