Which type of account typically has very high liquidity, low or no interest, and low minimum balance? Checking Account Money Market Account Certificate of Deposit (CD) Investment Retirement Account (IRA)
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investment requirement account (IRA) has very high liquidity, low or no interest, and low minimum balance.
An investment retirement account is an investing tool individuals use to earmark funds for retirement savings.
There are several types of IRA account some of those are mentioned below:
1. traditional IRA account
2.Roth IRA account
3. SIMPLE IRA account
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Checking Account is type of account typically has very high liquidity, low or no interest, and low minimum balance.
Explanation:
- A checking account is a deposit account in the united states that is held by a financial institution that allows with draws and deposits to be made.
- It is also called a demand account it consists of high liquidity and can be accessed through various mediums. The checking account holds low or no interest and can contain a minimum balance.
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- brainly.in/question/6880386 answered by shoaibahmad131.
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