Eric has set a financial goal to purchase a home in three years. He wants a four-bedroom house with a big backyard on the lake. He currently has $5,000 in his savings account. If he doesn't deposit or withdraw any money, what type of savings account should he choose? Keep in mind that he wants to have the most money in his account at the end of three years
The best savings account options for Eric are: Select all that apply:
a. CD
b. basic savings account
c. IRA
d. money market
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Eric has set a financial goal to purchase a home in three years. He wants a four-bedroom house with a big backyard on the lake. He ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is the volume of the sphere? Use 3.14 to approximate pi. Enter your answer in the box. Round to the nearest tenth. with a radius of 3
Answers (2)
A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI? 26% 66.67% 83.33%
Answers (2)
What's 4 6/12 - 1 11/12 in fraction form
Answers (1)
What is the amount you pay for the purchase of a house that decreases the amount of the loan?
Answers (2)
What is 7 2/3 - (1 2/4 + 3 6/8)
Answers (2)
New Questions in Mathematics
Solve for f 2 + 1.25 = 10 - 2.75f
Answers (1)
A certain number is both a perfect square and a perfect cube. Will its square root and its cube root always be different numbers? Explain.
Answers (1)
A study has demonstrated that the more television a person watches, the lower that person's level of physical fitness. However, Pablo has experienced the exact opposite effect.
Answers (1)
A survey showed that 2 out of every 5 voters would vote in an election. Based on this survey, how many people would vote in a city with 20,000 voters? A. 12,000 B. 4,000 C. 8,000 D. 10,000
Answers (2)
Three consecutive prime numbers that add up to 97
Answers (1)