Jamal keeps $750 for a possible car repair next week. He needs to withdraw it promptly without a penalty. Which vehicle fits?

Elena has $4,000 she will not need for one year and accepts an early-withdrawal penalty in exchange for a higher stated rate. Which vehicle matches?

Maya has $3,000 for emergencies, wants access at any time, and is comparing accounts that list a higher rate than ordinary savings. Which vehicle should she examine?

Which vehicle holds a deposit for a stated term and may charge an early-withdrawal penalty?

Noah has a $4,200 emergency fund and could need it this month. Which vehicle best keeps the money liquid?

Ava's essential monthly expenses are $2,000, and she wants four months of expenses available for emergencies. Where should she keep the $8,000 she is building for that purpose?

Luis locks $1,200 into an 18-month CD at 4%. Two months later, new CDs pay 5%. What is the drawback of his choice?

Use the account comparison. What is the trade-off for the CD's highest listed rate?

According to the comparison, which account has no minimum deposit?

Use the comparison table. Which account requires at least $2,500 to open?

With $1,000, Kay can wait one year and wants the highest listed rate she qualifies for. Which account should she choose?

By how many percentage points is the CD's listed rate higher than the savings account's listed rate?

Rina has $3,000, needs the money available for an emergency, and wants the highest listed liquid-account rate. Which account meets both constraints?

Owen has $700, must be able to withdraw it any day, and wants no penalty for doing so. Which listed account fits both constraints?

Use the table. Inez has $1,000 and will need all of it again in three months. Which account can she open and withdraw from then without a penalty?

Use the table. Ben's essential expenses are $1,800 per month, and he wants three months of expenses in an emergency fund. He wants access anytime and the highest listed rate he qualifies for. Which account fits?

Zoe has $2,500, expects no immediate expense, but insists on being able to withdraw anytime. She wants the higher listed rate among the liquid choices. Which account should she select?

Kim has $3,000 in a one-year CD earning 4% simple interest. The early-withdrawal penalty is six months of interest. How much is the penalty if she withdraws early?

Hector's one-year CD reaches its maturity date. What does that mean for him?

A savings account pays 3% simple annual interest on $600 for one year. How much interest is earned?

A deposit of $800 earns 5% simple annual interest for six months. How much interest does it earn?

A $1,000 account earns 4% compounded annually. After year 1, its balance is $1,040. What is the balance after year 2?

An account has a $500 principal and an APY of 6% for one year. How much interest is earned for that year?

A $1,000 account earns 2% interest each quarter, compounded quarterly. What is its balance after two quarters?

An emergency-fund savings account has $2,400 and earns 3% simple annual interest for one year. What is the ending balance?