Mary deposits her paycheck into a checking account every month, and after paying bills, she consistently has $200
remaining each month. she now has $1,800 excess in her checking account. her bank requires $25 minimum to open a
regular savings account, $1,000 to open a money market and $2,500 to open a cd. what would be the best option for
her?
she should do nothing. she never knows when a big expense might come up.
she should open a regular savings account and add $150 every month
she should open a money market account and add $150 every month.
she should wait a few months and open a 2-year cd.