Antunez2013 Antunez2013

01-06-2017
Advanced Placement (AP)

contestada

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

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Greenleafable Greenleafable

07-06-2017

The correct answer should be Savings account.

You usually need to just put in a small amount of money, and you will get interest on a monthly or a yearly basis, depending on your agreement. Other types of accounts don't need a minimum balance often or they don't pay interest at all.

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