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Tamara has $500 she is looking to save for a class trip. she wants to earn the most possible interest and will not need access to get money for a full year. which type of saving…

Tamara has $500 she is looking to save for a class trip. she wants to earn the most possible interest and will not need access to get money for a full year. which type of saving…
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Tamara has $500 she is looking to save for a class trip. she wants to earn the most possible interest and will not need access to get money for a full year. which type of savings account will be best for tamara?

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User Pinco
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1 Answer

3 votes
The traditional savings account where she can't take money back for a while, but gets large interest rates in the meantime would be the best. If she doesn't use the money for a year at all she could earn a lot of money from the bank.
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User Jamie McAllister
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