Question

which of the following are types of savings accounts? select all that apply. certificates of deposit roth ira money market account traditional ira question 2 (4.5 points) what is the purpose of a credit card reward program? a) to reduce interest rates b) to increase credit limits c) to provide benefits based on spending d) to lower monthly payments

Explanation:

1. Certificates of Deposit and Money Market Accounts are types of savings - like accounts. Roth IRA and Traditional IRA are retirement accounts, not typical savings accounts.
2. Credit card reward programs are designed to give card - holders benefits (such as cash - back, points, or miles) based on their spending. They do not directly reduce interest rates, increase credit limits, or lower monthly payments.

Answer:

1. Certificates of Deposit, Money Market Account
2. c) To provide benefits based on spending