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Mayra is 57 years old, is close to retirement, and has a child with long-term medical needs. She moved all her cash investments to a money market account. She may have done that because

a low-risk account has zero penalty for withdrawals

she wants to be less risky due to her current situation

she knows shifting back to stocks at retirement will boost gains

moderation in investing generates higher earnings

Respuesta :

abiolataiwo2015

If she moved all her cash investments to a money market account. She may have done that because: a low-risk account has zero penalty for withdrawals.

What is money market account?

A money market account can be defined as an account that enables you save while it gives you interest on the money saved reason being that the account is an interest-bearing account.

Based on the given scenario  Marya choose money market account because it is a low risk account and  the account tend to given higher interest rate and has no penalty for withdrawals.

Therefore a low-risk account has zero penalty for withdrawals.

Learn more about money market account here:https://brainly.com/question/26893654

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Answer:

A) low risk account has zero penalty for withdrawls

Explanation:

got it right on the test

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