shagunrateria shagunrateria

13-06-2024
Business

Answered

Which type of savings plan offers the lowest interest rate?

A. Checking account
B. Savings account
C. Certificate of deposit
D. Money market account

Answer :

GinnyAnswer GinnyAnswer

13-06-2024

Final answer:

Checking account offers the lowest interest rate among the given options.

Explanation:

The type of savings plan that offers the lowest interest rate is a Checking account. Checking accounts typically pay little to no interest as their primary function is to facilitate transactions. On the other hand, savings accounts, certificate of deposits (CDs), and money market accounts offer higher interest rates compared to a checking account.

Learn more about Savings plan interest rates here:

https://brainly.com/question/39276068

Answer Link

Other Questions

10. Name the petroleum product used as fuel for stoves, lamps and jet aircrafts.11. Write two important uses of coke.12. What is meant by refining of petroleum?

Simplify: [tex]\sqrt[3]{125x^3y}[/tex]

3. Change the fraction [tex]\frac{1}{w+5}[/tex] into an equivalent fraction with the denominator [tex]w^2 + w - 20[/tex].A. [tex]\frac{w^2 - 7w - 12}{w^2 + w -

Increasing the intensity of a sound by a factor of 120 causes the sound level to increase by what amount?

Which of the following herbal supplements is commonly used to support immune health alongside vitamin C, D3, and elderberry?A) Sea Moss 3000mgB) Burdock 1000mgC

Cary calculated the surface area of a box in the shape of a rectangular prism. She wrote the equation [tex]148=2(6w+6h+hw)[/tex] to represent the width and heig

Current research indicates that emerging adults with the highest wellbeing have done all of the following EXCEPTA. Attended college.B. Had no children.C. Stayed

Factor the quadratic expression:[tex]\[ x^2 + x - 42 \][/tex]

Which hormone explains the gender differences in response to stress?A. MelatoninB. AdrenalineC. InsulinD. Oxytocin

Not all gifts (given in business contexts) are bribes. Which of the following is not relevant in determining the moral acceptability of gift giving and receivin

According to Franklin what happens when a diverse group of people come together?

How do I find the.Least Common.Multiple of 20, 44 and 88 ??

Which statement about Sparta is true? A.Spartan scientists and philosophers greatly expanded the scope of human knowledge. B.Spartan playwrights gave the worl

How do I find the.Least Common.Multiple of 20, 44 and 88 ??

70% of the world's snake species lay eggs, while the remaining ones give birth to live young. If there are 2,700 different species, how many of them give birth

Three coins are tossed, and the number of heads observed is recorded. (Give your answers as fractions.) (a) Find the probability for 0 heads.

Which sentence contains a punctuation error?

What is the range of the function f(x)=1/2x+3 when the domain is {-2, 0, 2}

a car rents for $30 per day plus 19 cents per mile. you are on a daily budget of $87 what mileage will allow you to stay within your budget (solution {m/≤_miles

simplifying radicals: √196s²