Bank pays a fixed amount of interest, on a fixed amount of money, for a fixed amount of time. acertificate of deposit bmoney-market account cpassbook account

Banks provide a higher rate of interest on which one of the following accounts?(A) Saving account(B) Current account(C) Fixed deposits for long period(D) Fixed deposits for very short period

Which type of account pays more interest than a savings account but requires you to leave your money untouched for a period of time?A.Money market accountB.Flexible spending accountC.Checking accountD.Certificate of depositSUBMITarrow_backPREVIOUS

. Banks provide a higher rate of interest on which one of the following accounts?

f you want a higher interest rate and need to make only a few transactions per month, which type of account should you choose?A.Savings accountB.Money market accountC.Checking accountD.Certificate of deposit

Which type of account pays zero or low interest on the money deposited?A.Checking accountB.Money market accountC.Certificate of depositD.Savings accountSUBMITarrow_backPREVIOUS