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GAGE rences Ch 04: Assignment-Managing Your Cash and Savings Read the following statements and then indicate the money market accounts to which each pertains.

 

GAGE rences Ch 04: Assignment-Managing Your Cash and Savings Read the following statements and then indicate the money market accounts to which each pertains. Check all that apply. Use the following abbreviations for the types of accounts: AMA: Asset Management Accounts MMMF: Money Market Mutual Funds 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. Natalia's Case In which account should Natalia not invest? MMDA: Money Market Deposit Accounts NOW: Negotiable Order of Withdrawal Given your understanding of the fundamental characteristics of the four major types of interest-paying checking accounts, assess the scenario that follows. An MMMF An AMA AMA MMDA MMMF 0 0 0 Natalia, a really good friend, has been asking a million questions about interest-paying checking accounts after receiving an inheritance from a relative she didn't know she had. She wants to have access to her money market funds via an ATM. A NOW account 0 NOW Grade it Now Save & Continue Come withou

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