Eric has set a financial goal to purchase a home in three years. He wants a four-bedroom house with a big backyard on the lake.

Question

3 years ago

13

Eric has set a financial goal to purchase a home in three years. He wants a four-bedroom house with a big backyard on the lake.

He currently has $5,000 in his savings account. If he doesn’t deposit or withdraw any money, what type of savings account should he choose? Keep in mind that he wants to have the most money in his account at the end of three years
The best savings account options for Eric are: Select all that apply:

CD
money market
basic savings account
IRA

Mathematics

2 answers:

Daniel [21] · Answer 1 · 2022-05-10T04:58:26+03:00

Daniel [21]3 years ago

6 0

Money market I think

Alexxx [7] · Answer 2 · 2022-05-10T06:55:11+03:00

Alexxx [7]3 years ago

5 0

Answer

6

Step-by-step explanation: