History, 07.12.2020 18:00 shauntleaning
What is the correlation between interest rates on savings options, amount of funds in an account, and account liquidity?
A. If an account has more funds, the account is considered more liquid; therefore, the interest rate is higher.
B. The more funds in the account and the more accessible the funds, the higher the interest rate.
C. More funds in the account and less liquidity result in higher interest rates.
D. Less funds and less liquidity result in higher interest rates.
Answers: 1
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