Answered

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Although a money market account generally earns more interest than a savings account, it has the disadvantage of
a. Requiring an investing partner
b. Not allowing withdrawals until age 30
C.
Not allowing withdrawals until age 60
d. Requiring a minimum balance
Please select the best answer from the choices provided
O A
OB
Ос
OD

Sagot :

GinnyAnswer

Final answer:

Money market accounts earn more interest but have limitations such as requiring a minimum balance and withdrawal restrictions.


Explanation:

A money market account generally earns more interest than a savings account but has the disadvantage of requiring a minimum balance and may have restrictions on withdrawals. Unlike savings accounts, money market accounts often require a certain minimum balance to be maintained to avoid fees and earn the stated interest rate.


Learn more about Money market accounts and savings accounts here:

https://brainly.com/question/43744493


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