This account offers a good interest rate, but tends to require a certain minimum deposit. Usually, this account becomes mature in a matter of several months. You can withdraw money from this account before it becomes mature without penalty, but there is a limit to how frequently you can withdraw it.

MONEY MARKET ACCOUNT
This account offers a good interest rate, but tends to require a certain minimum deposit. Usually, this account becomes mature in a matter of several months. You can withdraw money from this account before it becomes mature without penalty, but there is a limit to how frequently you can withdraw it.

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aachen aachen · Answer 2 · 2019-04-14T05:29:27+02:00

Answer:

Money Market Account (MMA)

Step-by-step explanation:

Money Market Accounts (MMA) are the accounts that offer a good interest rate, but tends to require a certain minimum deposit. Usually, this MMA account becomes mature in a matter of several months. You can withdraw money from this MMA account before it becomes mature without penalty, but there is a limit to how frequently you can withdraw it. So, the answer is Money Market Account (MMA).