An emergency fund should be deposited in a:
A)savings account at the highest available interest rate.
B)six-month certificate of deposit.
C)checking account.
D)safe place at home.
E)safe deposit box in a bank vault.

Question

Quizplus · Accepted Answer

An emergency fund should be easily accessible in case of an emergency. A savings account provides easy access to funds while also earning interest. Choosing the highest available interest rate will maximize the growth of the emergency fund over time.

An Emergency Fund Should Be Deposited in A