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?
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.