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Savings accounts typically offer more interest than what type of account
A. Money market account
B. certificate of deposit
C. retirement account
D. Checking account

Respuesta :

Checking account is the answer
chilljain33

The correct statement is that the savings bank account will generally offer more interest than a checking account. So, the correct option that matches the quoted statement is D.

A savings account is the most common type of bank account used by individuals for carrying out retailer banking activities, and the bank provides nominal interest over such account.

Bank Account

  • A checking account is referred to as such account provided by a bank or a financial institution that allows a user, typically business or firm, to carry out daily transactions of the organization.

  • For such facility of checking account, the bank does not reward any interest, in fact, the bank may impose charges for availing the facilities of such account. Such account is known as current account.

Hence, the correct option is D that a savings bank account typically offers more interest rate than that of checking account facility provided by the bank.

Learn more about bank accounts here:

https://brainly.com/question/1287000

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