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You want to open a money market account. Which of the following is a risk?
Group of answer choices

A. It has a variable rate, so you never know what your return will be
B. You can only make withdrawals once a year
C. Early withdrawal involves a penalty
D. Once opened, this account can only be accessed at retirement

Sagot :

The risk in opening the money market account is that C. Early withdrawal involves a penalty.

What is a money market?

It should be noted that a money market simply means an account that's used for dealing with debts of less than a year.

It should be noted that the risk in opening the money market account is that early withdrawal involves a penalty.

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