An account that earns interest and is used to to meet financial goals is a _____.
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An account that earns interest and is used to to meet financial goals is a _____.
An account that earns interest and is used to meet financial goals is a savings account.
A savings account is a type of deposit account held at a financial institution that allows you to earn interest on your deposits while also providing you with easy access to your money. It’s commonly used to save for specific financial goals, such as emergency funds, vacations, or large purchases.