match each type of savings account with its f...
match each type of savings account with its features. members own it interest rate rises and falls with the market minimal overhead means higher interest rates schools often sponsor it youth savings account stock - indexed cd credit union account online account
Answer
# Brief Explanations:
- Youth savings accounts are often sponsored by schools to encourage young people to save.
- Stock - indexed CDs have interest rates that rise and fall with the market as they are linked to stock indices.
- Credit union accounts are owned by their members as credit unions are member - owned financial cooperatives.
- Online accounts typically have minimal overhead (less physical infrastructure) which can mean higher interest rates for customers.
# Answer:
youth savings account → schools often sponsor it
stock - indexed CD → interest rate rises and falls with the market
credit union account → members own it
online account → minimal overhead means higher interest rates