Question

Which statement best describes a characteristic of money market accounts?

A. Money market accounts have a predetermined time limit before a withdrawal can be made.
B. Money market accounts allow for more withdrawals than regular savings accounts but with higher interest rates.
C. Money market accounts have higher interest rates than regular savings accounts but with more restrictions.
D. Money market accounts have no withdrawal minimums.

Answer 1

Correct answer is C- Money market accounts have higher interest rates than regular savings accounts but with more restrictions

Explanation:

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