Eric Has $1,000 and Would Like to Use It to Start

Multiple Choice

Eric has $1,000 and would like to use it to start a savings program.He will add to the program regularly by investing $50 per month in a liquid account.Which of the following types of accounts would be most appropriate in this situation?

A) Series EE savings bonds
B) Money market deposit account
C) Certificates of deposit
D) U.S. Treasury bills
E) NOW account