rate the following bank accounts from most to least liquid: cd, savings account, checking account, money…

rate the following bank accounts from most to least liquid: cd, savings account, checking account, money market account.\na. cd, savings account, checking account, money market account\nb. savings account, checking account, cd, money market account\nc. cd, money market account, savings account, checking account\nd. checking account, savings account, money market account, cd\nplease select the best answer from the choices provided\na\nb\nc\nd

rate the following bank accounts from most to least liquid: cd, savings account, checking account, money market account.\na. cd, savings account, checking account, money market account\nb. savings account, checking account, cd, money market account\nc. cd, money market account, savings account, checking account\nd. checking account, savings account, money market account, cd\nplease select the best answer from the choices provided\na\nb\nc\nd

Answer

Brief Explanations:

Liquidity refers to how quickly an asset can be converted to cash without significant loss in value. A checking account allows for easy and immediate access to funds through checks, debit - card transactions etc. A savings account also allows relatively easy access but may have some limitations like a certain number of withdrawals per month. A money market account is less liquid than a savings account as it may have higher balance requirements and more restrictions. A CD (Certificate of Deposit) has a fixed term, and withdrawing funds before maturity usually incurs penalties, making it the least liquid.

Answer:

D. Checking account, savings account, money market account, CD