Question

Jorge has $300 for work he performed. he expects to spend the money in the next few weeks to buy a new bike. which type of account will be best for jorge?

Answer 1

Checking account

Step-by-step explanation:

A checking account allows you to deposit and withdraw money constantly from the account, most of them don´t even have a minimum balance required and allow you to access your money at will while you can still have it protected in the safety of a bank account and you can spend it at will.

Answer 2

The best type of account for Jorge, who has $300 for work he performed and expects to spend the money in the next few weeks to buy a new bike is checking account. A checking account is useful for money that you will be spending soon, like in Jorge's case. Checking account can be accessed using checks, automated teller machines and electronic debits.