Question

which type of account typically has a very high liquidity,low or no interest,and low minimum balance?

Answer 1

most liquid accounts can be a checking or a saving account.

Step-by-step explanation:

Liquidity in finance is said to know how fast any assets can be converted into hard cash. Any account with only money can therefore reasonably be considered the most fluid. For example, most liquid accounts can be a checking or a saving account.

There are some demerits of having account with high liquidity, one it exhaust quickly and second is income earn on this account is less.

Answer 2

The answer for this question would be a basic savings account. The type of account that typically has a very high liquidity, low or no interest, and low minimum balance is a basic savings account. You can easily check your balances or the amount you have, though it only has low interest rates. Hope this answers your question.