Money market accounts differ from interest-bearing checking accounts in that
A)owners can write only a limited number of checks,and there may be a minimum amount allowed for each check.
B)owners can take out their funds whenever they want in whatever amount they want.
C)owners cannot withdraw the funds before the end of a specified interval.
D)they cannot be converted into cash.
E)owners cannot withdraw the funds without advance notice.

Question

Quizplus · Accepted Answer

Money market accounts are similar to interest-bearing checking accounts,but with more restrictions.Generally,in exchange for slightly higher interest rates,the owner of a money market account can write only a limited number of checks each month,and there may be a restriction on the minimum amount of each check.

Money Market Accounts Differ from Interest-Bearing Checking Accounts in That