Money market accounts have a better rate of return than a savings account and you are allowed to write some checks. True False

Money market accounts have a better rate of return than a savings account and you are allowed to write some checks. True False

Question 1 of 10An account in which a customer deposits money for a set period of time in return for a fixed rate is called a:

You deposited 6,000 in a savings account, and after 4 years, your account balance is 7,800. What was the annual interest rate on the account?

is the most inclusive of the money supply definitions that include cash, checking, savings, and institutional money market funds.

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