Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend. Which of the following would fit her criteria?

a. NOW accountb. A DDA with overdraft protectionc. money market mutual fundd. money market deposit accounte. certificate of deposit

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

the first one $24,630

answer; planning;