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Colt1911 [192]
3 years ago
7

Olive wants a good interest rate, and she doesn't need her money for six months to a year. Which of these options for saving mon

ey is best for her? A. Basic savings account B. Money market account C. Certificate of deposit D. Savings bond Mathematics
Mathematics
2 answers:
lawyer [7]3 years ago
7 0

Answer: c. Certificate of deposit.


Step-by-step explanation: As Oliva wants a good rate of interest, so option A and option D will not serve the purpose because savings account offers a small interest rate monthly. Option B will not also be not in the queue because Oliva doesn't need her money from six months to a year and so she can deposit her money for a fixed period of time. Thus, the best choice is to get a certificate of deposit which offers a fixed interest date and has a fixed maturity date.

Thus, the correct option is C. Certificate of deposit.


defon3 years ago
3 0
Umm... c. <span>Certificate of deposit </span>
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