asked 126k views
3 votes
Rate the following bank accounts from most to least liquid: CD, savings account, checking account, money market account. Also explain why.

a. CD, savings account, checking account, money market account

b. Savings account, checking account, CD, money market account

c. CD, money market account, savings account, checking account

d. Checking account, savings account, money market account, CD

2 Answers

4 votes

Answer:

d

Step-by-step explanation:

answered
User Troy Turley
by
8.3k points
3 votes

D) They are ranked by how quickly we can access the cash.

answered
User Raul Pinto
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.