Answer: Checking Accounts
Explanation:
The following are some type of accounts,
a). Checking Account- It gives the depositor the lowest level of interest and has a very high liquidity. This account has no or low minimum balance.
b). Savings Account- This has a low interest but gives the flexibility to the depositor to withdraw the money at anytime.
c). Money market account- This account type has a higher interest than any saving or checking account with some minimum balance requirements.
d). CD's (Certificate of Deposits)- This account type has the highest interest at the cost of locking up your funds for a certain period.
Therefore, Checking account is the correct option which has all the features low liquidity, low interest and low minimum balance.
