For this assignment, you will need to access commercial bank interest rates using the J.P. Morgan Chase & Co. Web site. Based on the information you find there, create a short paper that answers the following questions:
What is the interest rate currently offered on Chase’s Money Market Account?
What is the minimum deposit necessary to avoid any fees on this account?
What is the annual percentage rate on a 12-month CD?
Why do you think this rate differs from the yield on the money market account?
Submit your assignment as an attachment.
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