Question

which statement about a money market account is true? a. depositors are offered an introductory interest rate. b. depositors are permitted to write a limited number of checks month. c. a debit card is linked to your account. d. depositors are required to use 10 percent of the funds each month.

Explanation:

Money - market accounts typically allow depositors to write a limited number of checks per month. Not all offer introductory rates, not all have debit - card linkage, and there is no requirement to use 10 percent of funds monthly.

Answer:

B. Depositors are permitted to write a limited number of checks per month.