Briefly describe the key characteristics of each of the following forms of interest-paying checking accounts (a) NOW

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Briefly describe the key characteristics of each of the following forms of interest-paying checking accounts
(a) NOW account
(b) MMDA
(c) MMMF.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:29 AM

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Briefly describe the key characteristics of each of the following forms of interest-paying checking accounts (a) NOW

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a NOW accounts or negotiable order of withdrawal accounts have been popular since the removal beginning in 1986 of all interest rate restrictions The ...View the full answer

Personal Financial Planning

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