what is meant by Demand deposit ?
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Answer:
A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts. ... A DDA allows funds to be accessed anytime, while a term deposit account restricts access for a predetermined time
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Answer:A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts. ... A DDA allows funds to be accessed anytime, while a term deposit account restricts access for a predetermined time
Explanation:
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