Ask Question
8 April, 08:43

A deposit account at a bank that earns interest and has

restrictions on withdrawals is known as a?

+4
Answers (1)
  1. 8 April, 08:47
    0
    Answer: Demand Deposit

    Step-by-step explanation:

    A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts. DDA accounts can pay interest on a deposit into the accounts but aren't required
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A deposit account at a bank that earns interest and has restrictions on withdrawals is known as a? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers