All of the following statements about bank accounts are true EXCEPT...(1 point)

A) If the bank is FDIC-insured, your money, up to the FDIC limit, is safe even if the bank fails
B) Many banks pay interest on the money you deposit into your savings account
C) Historically, savings accounts earn higher returns than investments in the stock market
D) Money in a checking account is usually easy to access via ATM, debit card or check.

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
7 months ago

C) Historically, savings accounts earn higher returns than investments in the stock market