Responses
An account giving 0.5% interest with no other limitations.
An account giving 0.5% interest with no other limitations.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
An investment in stocks.
1 answer
The option that is classified as a money market mutual fund is:
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
Money market mutual funds typically invest in short-term, high-quality investments issued by government and corporate entities. They are designed to offer high liquidity with a very low level of risk.
