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April is a college student who wants to open a bank account for the first...

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Question

Finance

April is a college student who wants to open a bank account for the first time. She has $500 cash to

deposit in the account initially. The bank she chooses is not near her dorm, and it's difficult for her to get

there. She has a part-time job and receives a bi-weekly paycheck that will be directly deposited into her

account. Which of the following types of accounts should she ask for at the bank:

Checking

Savings

Money market

Certificate of deposit

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