SOLUTION: Which of these options for saving money typically offers the least liquidity?
A. Money market account
B. Savings account
C. Savings bond
D. Certificate of deposit
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A. Money market account
B. Savings account
C. Savings bond
D. Certificate of deposit
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Question 1082863: Which of these options for saving money typically offers the least liquidity?
A. Money market account
B. Savings account
C. Savings bond
D. Certificate of deposit Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! A and B are liquid.
C is not too illiquid, either. One can cash it out.
D is the least liquid. A CD is typically for a period of time, and there is a penalty to withdraw it early.