What is the most suitable option for Norm to invest his $15,000, considering his daughter's upcoming college plans and the associated interest rates?
A
A four-year CD paying 4.8% interest, with a substantial penalty for early withdrawalB
An online savings account offering 2.3% interestC
A money market account paying 3.5% interest, renewable for three-month commitmentsD
A checking account with no monthly fees