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aivan3 [116]
2 years ago
8

Conduct internet research, make phone calls to banks, or visit financial institutions to find the best account for Vincent.

English
1 answer:
o-na [289]2 years ago
3 0

The savings account that would be best for Vincent would be a fixed-term deposit.

An interest-bearing checking account often pays less interest than a savings account, which is a deposit account. Savings accounts have a cap on how many specific transfers or withdrawals you can make throughout each cycle of monthly statements. The ability to earn interest on deposits is one of a savings account's main benefits. Money lost out on excellent earning potential when held in a bank account that doesn't pay interest or in a home safe.

A fixed-term investment known as a term deposit entails the funding of an account with a financial institution. Investments in term deposits often have short-term maturities of one to several years and require various minimum amounts.

To know more about savings account refer to:  brainly.com/question/1446753

#SPJ9

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