Which of these options for saving money typically offers the most liquidity? A. A savings bond B. A money market account C. A certificate of deposit D. A basic savings account@soccerman,

Question
Answer:
The correct answer is:
D) a basic savings account.

Explanation:
Liquidity means ability to withdraw your money quickly.

A savings bond takes time, often years, to mature.

A money market account is fairly liquid, although it can take up to 7 days to withdraw your money.

A certificate of deposit (CD) can be easily withdrawn, but you will lost interest if you do not fulfill the entire term of the CD.

With a basic savings account, you can withdraw money at any time; however you may experience fees for not having met the minimum balance requirements if you're not careful.
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general 10 months ago 6178