Question: Please answer the following questions: Based on your research, what would be the best type of account for your current financial situation? What would be

 Please answer the following questions: Based on your research, what wouldbe the best type of account for your current financial situation? What

Please answer the following questions:

  1. Based on your research, what would be the best type of account for your current financial situation?
  2. What would be the advantages /disadvantages of a regular savings account vs certificate of deposit (CD)?
  3. What other factors would influence where and how you save your money?

Please research three types of saving plans and answer to the following and answer the questions. Type of savings plan (regular savings account, certificate of deposit, money market account, savings bonds, and etc...) Financial institution Annual interest rate Frequency of compounding (read the disclosure of the savings account information) Minimum initial deposit Minimum balance you will need to maintain if it's a certified account Minimum time period for certified savings or bonds Penalties for early withdrawal Other restrictions Services charges, transaction fees, other costs or fees Promotions if there's any Please research three types of saving plans and answer to the following and answer the questions. Type of savings plan (regular savings account, certificate of deposit, money market account, savings bonds, and etc...) Financial institution Annual interest rate Frequency of compounding (read the disclosure of the savings account information) Minimum initial deposit Minimum balance you will need to maintain if it's a certified account Minimum time period for certified savings or bonds Penalties for early withdrawal Other restrictions Services charges, transaction fees, other costs or fees Promotions if there's any

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