Rate the following bank accounts from most to least liquid: cd, savings account, checking account, money market account. a. cd, savings account, checking account, money market account b. savings account, checking account, cd, money market account c. cd, money market account, savings account, checking account d. checking account, savings account, money market account, cd select the best answer from the choices provided

The correct answer is -D. Checking account, savings account, money market account, CD

Step-by-step explanation:

Option D is the right answer.

Liquid here refers to the ability to transfer assets into cash. A company or any individual is said to be liquid, if their assets can be converted to cash easily.

CD - This cannot be withdrawn before its fixed tenure is over.

savings account - This can also be cashed but takes time as compared to checking account.

checking account - This can be cashed easily, as and when required as it is a day to day account.

money market account - This takes a few days to withdraw money.

So, the correct sequence is - Checking account, savings account, money market account, CD