What if: You get $1400 in stimulus money back from the Federal government as part of the

American Rescue Plan. Research depository institutions (banks) for the highest interest rate

savings accounts, CD, or Money market funds that you could save this money in. Find the best

account where you would deposit this money and provide a brief explanation why. (Hint: Be

aware of the timeline for CDs and money market accounts, and take a look at online savings and

CD accounts for better than average rates)

2. You need to buy a new refrigerator for your condo within the next 6 months. Research the best

price for the type and brand of fridge that suits you best. Provide an account of your savings

over the next 6 months that would finance the expenditure above. Would you choose a credit

card or a store financing deal, Why?