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Question
question 4 of 10
leah is a professional photographer and is looking for a bank to open her
personal and business checking, savings, and retirement accounts. which of
the following is the best choice for leah?
a. retail bank
b. investment bank
c. commercial bank
d. savings and loan institution
Retail banks provide services like personal and business checking, savings, and retirement accounts for individuals (including small business owners like Leah). Investment banks focus on corporate finance/investment services, commercial banks mainly serve large businesses, and savings - and - loan institutions focus on mortgage - related savings/loans, so a retail bank is the best fit.
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A. Retail bank