Question

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

Answer 1

A basic savings account is a type of account that typically has a very high liquidity, low or no interest, and low minimum balance. Although it only has low interest rates, you can easily check your balances or the amount you have. Hope this helps! (sorry I'm so late!) 

Answer 2

Answer

Checking Account

Explanation

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.With a checking account, you can deposit money in the bank. Then when you are ready to spend some of it, you write a check. It is a good account because it  Provides Proof of Payment. Checks provide a paper trail or written proof that you paid someone thus providing more security. You can also make payments easily and no transaction limits.