Why would a money market account require a minimum balance?
a)the bank wants to make sure tha...
Why would a money market account require a minimum balance?
a)the bank wants to make sure that only people with a lot of money use money market accounts
b)the bank wants to protect customers from trying to write a check for more money than the account holds
c)the minimum balance is designed to keep too many people from asking for a money market account
d)a minimum balance lets a bank know how much money it can safely lend to other customers
Answers: 1
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