QUESTION IMAGE
Question
wants an account into which she can deposit her paychecks. she wants to use the money in her account to pay for her expenses. which type of account is most likely best for her?
money market account
cd
checking account
savings account
The problem is about choosing a bank account for depositing paychecks and using the money for expenses. A checking account is designed for daily transactions like depositing paychecks and writing checks to pay bills/expenses. A money market account and CD have restrictions on withdrawals or are for savings, and a savings account is mainly for saving, not frequent spending. So the checking account is the best choice.
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checking account