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Sep 16, 2019

[Answer] Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Step 1 : Introduction to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance? "



...A.) Certificate of Deposit (CD) B.) Checking Account* C.) Investment Retirement Account (IRA) D.) Money Market Account - A checking account is a bank account that allows easy access to the funds in your bank account. Also called a transactional account, it's the account that you will use to pay your bills and make most of your financial transactions.




Step 2 : Answer to the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance? "



Checking Account:


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Step 3 : Disclaimer & Terms of Use regarding the question "Which type of account typically has very high liquidity, low or no interest, and low minimum balance? "


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