4. What is the name of a bank account that allows you to access your funds in the bank?

A. Mutual Funds
B. IRA
C. Checking Account
D. Savings Account



Answer :

Final answer:

Checking and savings accounts offer different features for managing funds.


Explanation:

Checking accounts are a type of bank account that allows easy access to funds through methods like writing checks or using a debit card.

A savings account pays interest but may need a visit to the bank or an ATM for withdrawals.

The distinction between checking and savings accounts has blurred, with some accounts offering features of both.


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