Savings Vehicles

Front

Maria has $300 to spend while on a family vacation in six months. She would like to collect interest if possible. What account should she use?

Back

basic savings

Front

What type of savings is David using to save $25,000 for a new car within 18 months, given he has $10,000 saved up now? Options: basic savings, money market savings, certificate of deposit

Back

money market savings

Front

What account should Victor use to save $50,000 for an RV as a retirement gift, given he currently has $20,000 saved up? Options: basic savings, money market, certificate of deposit

Back

certificate of deposit