If someone had $5,000 and wanted to place it in a financial institution, what type of institution and account would you suggest to the person? What factors would you ask the person about before making your recommendation?

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.