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

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

Answer

Brief Explanations:

Liquidity refers to how easily an asset can be converted into cash. A checking account allows for quick and easy access to funds, often with a debit - card or checks. Savings accounts also offer relatively easy access but may have some limitations like withdrawal limits. Money market accounts are a bit less liquid than savings accounts in some cases. CDs (Certificates of Deposit) have a fixed term, and withdrawing before the term ends usually incurs a penalty, making them the least liquid.

Answer:

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