You are 18 years old, opening your first savings account, and are considering three options:BANK...
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You are 18 years old, opening your first savings account, and are considering three options:BANK A is not FDIC insured, has an interest rate of 5%, and a minimum deposit of $25.BANK B is FDIC insured, has an interest rate of 0.01%, and a minimum deposit of $50.BANK C is FDIC insured, has an interest rate of 0.02%, and a minimum deposit of $10,000.All three have fees competitive with other banks. Which bank is the best option?Bank ABank BBank CAll 3 banks are equally good options
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