Ch 04: Assignment - Managing Your Cash and Savings Abbreviations AMA: Asset Management Accounts MMME: Money Market Mutual Funds MMDA: Money Market Deposit Accounts NOW: Negotiable Order of Withdrawal Use the following table to indicate which of the money market accounts is described in the statements AMA MMDA MMMF NOW @ This account pays the highest interest rate of any checkable account. This account imposes limits on the number of checks that an account-holder can write per month OO Use the fundamental characteristics of the four major types of interest paying checking accounts to assess the following scenario. During in discussion about money miket accounts with her coworker, Poornitoa says that it is critically important to create a unified and coordinated burdle of checking, savings, stock brokerage, and mutual fund nocounts whose teisactions are reported a single monthly statement Which interest paying checking account would you recommend to Poornima? A NOW account An MMM O ANAMA