sanakhalid6555 sanakhalid6555
  • 03-06-2020
  • Mathematics
contestada

What advantages do money market accounts offer a depositor compared to other types of savings accounts? Answer in

complete sentences.

Respuesta :

omololaj501 omololaj501
  • 05-06-2020

Answer:

Step-by-step explanation:

Money markets accounts offer a annual percentage yield which is higher compared to other types of savings accounts

These accounts also require a higher minimum deposits to get a higher rate

These accounts may also be insured and secured by the Federal Deposit Insurance Corp in banks and the National Credit Union Administration in credit unions.

They are also relatively easy to access.

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