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Author Question: All of the following are true of money market deposit accounts (MMDAs) except (Read 49 times)

sc00by25

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All of the following are true of money market deposit accounts (MMDAs) 
except


◦ a minimum balance is required.
◦ they pay higher interest than a NOW account
◦ a limited number of checks may be written monthly.
◦ they are the same regardless of the depository institution offering them.


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Marked as best answer by sc00by25 on Apr 13, 2019

Eazy416

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sc00by25

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Eazy416

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