9. Which of the following statements is TRUE? a. The majority of Americans have an adequate emergency fund b. The majority of Americans have sufficient amounts of money saved for retiremen c. The majority of Americans have an adequate emergency fund, but do NOT have sufficient amounts of money saved for retirement d. The majority of Americans do NOT have an adequate emergency fund or suff amounts of money saved for retirement 10. Experts recommend that you accumulate enough to cover 3 to 6 __ expenses in your emergency fund. a. Days b. Weeks c. Months d. Years 11. Which of these is a reason someone might choose to open an onlin rather than a savings account at a traditional bank? a. Online savings accounts are FDIC insured to a higher limit b. Online savings accounts typically pay higher interest rat c. Online savings accounts are less likely to make you the d. Online savings accounts are created specifically for p

## Step1<br />For question 9, we need to identify the statement that is true based on the given options. The options discuss the financial habits of Americans, specifically their emergency funds and retirement savings. The correct answer is the one that accurately reflects the financial habits of Americans.<br /><br />## Step2<br />For question 10, we need to identify the correct time period that experts recommend for an emergency fund. The options are days, weeks, months, and years. The correct answer is the one that aligns with the general advice given by financial experts.<br /><br />## Step3<br />For question 11, we need to identify the reason someone might choose to open an online savings account over a traditional bank account. The options discuss the benefits of online savings accounts, such as FDIC insurance, higher interest rates, lower fees, and specific purposes. The correct answer is the one that best explains why someone might choose an online savings account over a traditional bank account.