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Jen just put her money in a bank account. She is not able to access her money for six months without paying a fee because she put her money in a _____.


checking account

savings account

money market account

certificate of deposit

Verified Answer :

maryssykes

Certificate of deposit

dispyskirden

Answer:

Jen just put her money in a bank account. She is not able to access her money for six months without paying a fee because she put her money in a certificate of deposit.

Step-by-step explanation:

A certificate of deposit or a CD is a specific amount of money deposited into an account for a specific amount of time. They can help someone save more and they often have higher interest rates. You can withdraw money early from a CD, but you will accrue a fee.

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