You have decided both to open a savings account and to purchase a vehicle. you would like a savings account with the highest
interest rate and a vehicle loan with a low interest rate. you currently have a checking account at bank a. from the banks listed
below, determine with which bank you should open a savings account and at which bank should you apply for your vehicle loan.
loan rates
savings rates
bank a
596
bank a
0.13%
bank b
4.6%
bank b
0.1%
bank c
5.1%
bank c
0.11%
a bank a for the car loan and bank b for the savings account
b. bank c for the car loan and bank c for the savings account
c. bank b for the car loan and bank a for the savings account
d. bank b for the car loan and bank b for the savings account