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Joel his looking to open an account that allows him to withdraw cash frequently at no penalty in order to pay his monthly bills. Which of the following options would best suit his needs?

A Money Market account
B Traditional savings account
C Certificate of deposit
D Traditional checking account


Sagot :

Answer:

Traditional Checking account

Explanation:

I did the test and got it right

The following options that would best suit his needs is Traditional checking account is Option(d) is correct.

What is Traditional checking account?

A traditional checking account, likewise alluded to as a norm or essential checking account, offers the capacity to compose checks. It likewise gives admittance to a charge card that you can use to make buys and pull out cash at ATMs.

This kind of checking account might charge a month to month upkeep expense. However, many banks and credit associations will postpone this charge assuming you meet specific necessities. For instance, you might have to pursue direct store, keep a typical least everyday equilibrium, pursue extra monetary accounts and administrations or meet different prerequisites.

There might be a base store prerequisite you want to meet to open a traditional checking account. When you have a standard checking account, you can connect your charge card to a versatile wallet or a portable installment application. You can likewise associate your checking account to bank accounts, retirement speculation accounts and different sorts of monetary accounts inside or beyond your bank.

Therefore Option(d) is correct.

Learn more about Traditional checking account here:

brainly.com/question/21692728

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