Money Market Accounts Differ from Interest-Bearing Checking Accounts in That

question 22

Multiple Choice

Money market accounts differ from interest-bearing checking accounts in that

• A)owners can write only a limited number of checks,and there may be a minimum amount allowed for each check.
• B)owners can take out their funds whenever they want in whatever amount they want.
• C)owners cannot withdraw the funds before the end of a specified interval.
• D)they cannot be converted into cash.
• E)owners cannot withdraw the funds without advance notice.

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