question 3 of 3\nkelra is new to earning money and saving. she doesnt have a lot of money to open an…

question 3 of 3\nkelra is new to earning money and saving. she doesnt have a lot of money to open an account. which savings option would be best for her?\nsavings account\nmoney market account (mma)\ncertificate of deposit (cd)\nchecking account

question 3 of 3\nkelra is new to earning money and saving. she doesnt have a lot of money to open an account. which savings option would be best for her?\nsavings account\nmoney market account (mma)\ncertificate of deposit (cd)\nchecking account

Answer

Brief Explanations:

Savings accounts typically have low - or no - minimum deposit requirements, making them accessible for those with limited funds. Money market accounts usually require higher minimum balances, CDs have fixed - term commitments and often minimum deposit amounts, and checking accounts are mainly for daily transactions rather than saving.

Answer:

Savings Account