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Question 2 - CTFA discussion

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A checking account on which the financial institution pays interest; it have no legal minimum balance is called:

A.
Money market deposit account
Answers
A.
Money market deposit account
B.
Negotiable order of withdrawal account
Answers
B.
Negotiable order of withdrawal account
C.
Money market mutual funds
Answers
C.
Money market mutual funds
D.
Asset management account
Answers
D.
Asset management account
Suggested answer: B
asked 16/09/2024
tirou RANGA
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