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Which factor is important to consider when building an emergency fund? A. penalties for withdrawing early B. the minimum balance required C. whether the account has a high interest rate D. the liquidity
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Which factor is important to consider when building an emergency fund?

A.

penalties for withdrawing early

B.

the minimum balance required

C.

whether the account has a high interest rate

D.

the liquidity of the savings

User KepPM
by
5.3k points

2 Answers

4 votes

the liquidity of the savings

User Niklassaers
by
6.2k points
4 votes

Answer:

The liquidity of the savings

Step-by-step explanation:

Notice that the "emergency" status involves that there is no way to know in advance when the person that owns the fund can use the money saved. In this scenario the Liquidity of the capital is the most important factor to create or invest in the fund.

User Upaang Saxena
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5.2k points
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