Question 12 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT
Julie will need the money available when she is ready to buy the car, so a savings account is a suitable place to keep it while earning some interest and maintaining easy access. A checking account also offers access, but it is mainly intended for everyday transactions and typically pays little or no interest. Savings bonds are not necessarily short-term investments, and commodities can be risky.
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