Solved

Your Great Aunt Mary Passed Away and Left You an Inheritance

Question 80

Multiple Choice

Your great aunt Mary passed away and left you an inheritance of $5,000. Since you don't have a need for the money in the near future, which of the following would be the best place to put the $5,000?


A) A savings account earning 1% interest
B) A checking account
C) A five-year CD paying 4.38% annually
D) High-risk stock in a producer of natural gas that is predicted to triple in the next year

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions