question 37 points 2 which checking account requires a higher balance and has a higher interest rate? no…

question 37 points 2 which checking account requires a higher balance and has a higher interest rate? no frills account now account money market account express account

question 37 points 2 which checking account requires a higher balance and has a higher interest rate? no frills account now account money market account express account

Answer

Brief Explanations:

Money - market accounts typically require a higher minimum balance compared to basic checking accounts like no - frills or NOW accounts and usually offer higher interest rates due to their nature as a hybrid between savings and checking. Express accounts are not a standard type with a well - known, distinct set of features like money - market accounts in the context of checking accounts with high balances and high interest.

Answer:

C. Money market account