money market accounts come with various features, but one stands out as a key benefit. what is a key benefit…
money market accounts come with various features, but one stands out as a key benefit. what is a key benefit of having a money market account? choose 1 answer: a no low balance fees b higher interest rates paid compared to checking accounts c unlimited daily transactions d no minimum opening deposit
Answer
Brief Explanations:
Money - market accounts typically offer higher interest rates than regular checking accounts as they are a type of savings - like account. Some may have low - balance fees, limited transactions, and a minimum opening deposit.
Answer:
B. higher interest rates paid compared to checking accounts