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.
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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 provide a way for investors to earn a return on their cash while maintaining a relatively low level of risk.
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