Asked by yo mama
Which of the following investments is characterized by the following traits:
Insured by the FDIC or NCUA
Lowest interest rate of all investments
Number of withdrawals per month may be limited
(1 point)
Responses
Money market
Money market
Traditional savings account
Traditional savings account
Exchange-traded fund (ETF)
Exchange-traded fund (ETF)
Certificate of deposit (CD)
All Answers 1
Answered by
GPT-5 mini
AI
Traditional savings account
Explanation: Savings accounts are FDIC/NCUA insured, generally pay the lowest interest of common deposit/investment options, and federal rules often limit monthly withdrawals.
Explanation: Savings accounts are FDIC/NCUA insured, generally pay the lowest interest of common deposit/investment options, and federal rules often limit monthly withdrawals.
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