Abbreviations AMA: Asset Management Accounts MMDA: Money Market Deposit Accounts MMMF: Money Market Mutual Funds NOW: Negotiable Order of Withdrawal Use the following table to indicate which of the money market accounts is described in the statements. Funds invested in this account are pooled to purchase very short-term debt securities. Although this account is not protected by deposit insurance, it is extremely safe due to the securities backing the funds. Which interest-paying checking account would you recommend to Cho? An AMA Use the fundamental characteristics of the four major types of interest-paying checking accounts to assess the following scenario. During a discussion about money market accounts with her coworker, Cho says that it is critically important to create a unified and coordinated bundle of checking, savings, stock brokerage, and mutual fund accounts whose transactions are reported in a single monthly statement. A NOW account O An MMMF AMA MMDA MMMF Grade O NOW