Ask Question
11 February, 07:40

A deposit account at a bank that earns interest and has

restrictions on withdrawals is known as a?

+3
Answers (1)
  1. 11 February, 09:51
    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    A demand deposit account (DDA) consists of funds held in a bank account from which deposited funds can be withdrawn at any time, such as checking accounts.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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers