Walley opens an account and deposits $50 each month for 12 months and withdraws $300 at the end of the year for holiday shopping. What type of account does Walley likely have? O regular savings account O money market account two-year certificate of deposit three-year certificate of deposit

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN:9781337117005
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter6: Using Credit
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Assignment - 7. Savings Accounts
SECTION 4 OF 4
QUESTION
ASSIGNMENTS
COURSES
Attempt 1 of 1
1
4
6
Walley opens an account and deposits $50 each month for 12 months and withdraws $300 at the end of the year for
holiday shopping. What type of account does Walley likely have?
O regular savings account
O money market account
O two-year certificate of deposit
O three-year certificate of deposit
SUBMIT ANSWER
O ASK FOR HELP
TURN IT IN
e here to search
Transcribed Image Text:Assignment - 7. Savings Accounts SECTION 4 OF 4 QUESTION ASSIGNMENTS COURSES Attempt 1 of 1 1 4 6 Walley opens an account and deposits $50 each month for 12 months and withdraws $300 at the end of the year for holiday shopping. What type of account does Walley likely have? O regular savings account O money market account O two-year certificate of deposit O three-year certificate of deposit SUBMIT ANSWER O ASK FOR HELP TURN IT IN e here to search
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