BUISENESS MANAGEMENT
RECORD KEEPING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a type of savings account which usually earns a higher amount of interest than a basic savings account?
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Checking account
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Debit card
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Certificate of deposit
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Money market account
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Explanation:
Detailed explanation-1: -High-interest savings accounts-These accounts offer higher rates of interest than an average savings account. These accounts are also known as high-yield accounts.
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