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Question

Which of the following statements about savings accounts is Falsea. Savings accounts are best used to store money for long-term goalsb. Savings accounts may require you to maintain a minimum balance to avoid paying a feec. savings accounts pay interest on the money you deposit d. savings accounts allow an unlimited amount of withdrawals each month

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Final answer: The false statement about savings accounts is that they allow an unlimited number of withdrawals each month. While savings accounts usually have higher interest rates, they typically limit the number of withdrawals each month. Explanation: The false statement among the given options about

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