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

User Ruthy
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Checking accounts: best for unrestricted access to funds; typically worst for earning interest.

Savings accounts: good for earning some interest with quick access to funds.

Money market accounts: can have higher interest than savings accounts, plus some check-writing and ATM access.

Certificates of deposit (CDs): highest interest rates in exchange for most-limited access to funds
User Erick Willian
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