All of the following statements about bank accounts are true EXCEPT...
(1 point
)
If the bank is FDIC--insured, your money, up to the FDIC limit, is
safe even if the bank fails
Many banks pay interest on the money you deposit into your
savings account
Historically, savings accounts earn higher returns than
investments in the stock market
Money in a checking account is usually easy to access via ATM,
debit card or chec