Mary deposits her paycheck into her checking account every month, pays all her bills, and then puts $200 into her
money market account. she has done this for two years and now has $4,000 in a money market account that she has
not needed for expenses. her bank requires a $250 minimum for regular savings accounts, $1,000 for cds, and $1,250
for money market accounts. what would be the best option for her?
she should do nothing: she never knows when a big expense might cor
she should open a one-year cd with $1,000 from her money market account.
she should open a two-year cd with $2.000 from her money market account.
she should open a regular account at another bank to keep her money safer.