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Sep 16, 2019

[Answer] Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of account will be best for Jorge?

Step 1 : Introduction to the question "Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of account will be best for Jorge?"



... A.) Certificate of Deposit (CD) B.) Savings Account C.) Money Market Account D.) Checking Account* - A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.




Step 2 : Answer to the question "Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of account will be best for Jorge?"



Checking Account:


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Step 3 : Disclaimer & Terms of Use regarding the question "Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of account will be best for Jorge?"


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