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A checking account is sometimes called a.. a.)savings account b.)demand deposit account c.)money market account d.)investment account

A checking account is sometimes called a.. a.)savings account b.)demand deposit account c.)money market account d.)investment account
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A checking account is sometimes called a..

a.)savings account
b.)demand deposit account
c.)money market account
d.)investment account

User Zoltanctoth
by
8.4k points

2 Answers

6 votes
It's B) demand deposit account
Demand deposit accounts are also held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts

User Alex Polo
by
7.7k points
6 votes
b
a demand deposit lets you withdraw money without advice notice
User David Potter
by
8.3k points
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