Im weak in personal finance... Please help? i- i' 1. If you wanted to get the lowest interest rate on a home mortgage, which financial institution would you get your loan from? A. National or Regional Bank B. Credit Union 2. If your finance professional recommends that you set aside a certain percentage of your income each month for financial emergencies, which account would you put the money into? A. Savings Account B. Money Market Account C. Checking Account D. CD
3. If you wanted to get the highest interest rate on a savings account, where would you deposit your money? A. Credit Unions B. Banks 4. If you were shopping at the local mall and wanted to get money from the ATM machine without occurring any additional fees, which account would you typically have your money in? A. brick and mortar bank B. internet bank
For Q1) i will go for B Credit Union For Q2) i will go for A Savings Account For Q3) i will go for B Banks For Q4) i will go for B internet bank
Thank you!
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