Question

certain bank accounts earn interest.
which of these bank accounts typically pays the least amount of interest?
choose 1 answer:
a checking/debit account
b savings account
c certificate of deposit (cd)

Explanation:

Checking/debit accounts are mainly for daily transactions (like spending, withdrawing) and are designed for liquidity, so they typically offer the lowest interest (or sometimes no interest) compared to savings accounts (which earn more for saving) and CDs (which earn more in exchange for locking money for a term). Savings accounts earn more than checking, and CDs earn more than savings due to longer - term commitment.

Answer:

A. checking/debit account