Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

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.

Learn more about money market on:

https://brainly.com/question/25327792

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.