A money market account: a) Pays a fixed rate of interest b) Never has a minimum deposit requirement c) Can have a minimum deposi

Question

lbvjy [14]

4 years ago

12

A money market account: a) Pays a fixed rate of interest b) Never has a minimum deposit requirement c) Can have a minimum deposi

t requirement and variable interest, and generally pays a better interest rate than a savings account

Mathematics

2 answers:

Oksanka [162] · Answer 1 · 2021-12-09T05:41:47+03:00

Oksanka [162]4 years ago

8 0

Answer:

its c

Step-by-step explanation:

borishaifa [10] · Answer 2 · 2021-12-09T07:53:04+03:00

Quick Definition:

A money market account/ money market deposit account is a deposit account that pays *interest* based on current interest *rates* in the money markets.

Based on this definition, I believe your answer would be C, as the word Rates, means it the amount of intrest may chance, thus eliminating option A). Option B) is just silly. Leaving only option C.

Hope I helped! Have a great day.