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sofia has saved $10,000. she wants to be sure that she is earning inter…

Question

sofia has saved $10,000. she wants to be sure that she is earning interest on her money and can add to her savings. she also wants to be able to access her money if the need should arise. which type of account is most suitable for sofias needs? a money market account a certificate of deposit a savings bond a checking account

Explanation:

Brief Explanations

A money - market account earns interest, allows for additional deposits, and provides access to funds when needed. A certificate of deposit has a fixed term and early - withdrawal penalties. A savings bond is a long - term investment with limited liquidity. A checking account typically has low or no interest.

Answer:

a money market account