15
QuizMultiple Choice

Investing and Financial Markets — Unit test

Question 15 of 15 • Financial Literacy (WMHS) - Semester 1

A bank offers both checking accounts and savings accounts.Why might someone transfer money from a checking account to the savings account?

Answer
A
Money in a savings account is held until retirement.
B
Money in a savings account will earn a small amount of interest.
C
Money in a savings account can quickly produce a large profit.
D
Money in a savings account is invested in the stock market.