All of the following statements about bank accounts are true EXCEPT...(1 point) Responses If the bank is FDIC-insured, your money, up to the FDIC limit, is safe even if the bank fails 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 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 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 check
