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23 March, 06:15

Which is an example of a demand account?

A savings account

B investment account

C credit account (not this one)

D checking account

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Answers (2)
  1. 23 March, 06:27
    0
    D; checking account
  2. 23 March, 06:41
    0
    A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning.

    Answer is D. checking account as they allow the depositor to withdraw funds at any time.
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