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.