Parallel to her retirement goal, Nyla also wants to save money for emergencies. Nyla recently learned in Professor Toure's FINA 222 class that she could earn more in interest if she moved her savings to an online bank. She wants to keep her funds within the bounds of FDIC insurance and not lose any principal. She has compiled the following list of characteristics that are important to her.

At least 3% annual return

Banking app feature

Low minimum balance requirement

Rewards Program

1.Research online and list three of the 2022 best standout online savings accounts Nyla can use to fulfill all her requirements.

2. What are the potential opportunity costs associated with online banks versus traditional ones