Question

lupe wants an account into which she can deposit her paychecks. she also wants to use the money in her account to pay for her expenses. which type of account is most likely best for her?
○ cd
○ checking account
○ savings account
○ money market account

Explanation:

A checking account is designed for frequent deposits (like paychecks) and regular withdrawals/expenses, making it the best match for Lupe's needs. CDs have penalties for early access, savings accounts limit frequent transactions, and money market accounts are more for savings with limited access.

Answer:

checking account