You have $1,000 that you want to save. You know that you will not need the money for one year. You want to earn the most interest possible and you wat the rate to be guaranteed. Where should you put your money?

a. certificates of deposit

b. checking account

c. savings account

d. money market account

Answer :

C: Savings Account

A savings account is a deposit account that pays interest every month so if you save your money in a savings account for a year, you'll get interest 12 times.

The answer is C
I hope this helped

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