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) owners cannot convert them 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