MONEY MARKET INTEREST COMPOUNDS DAILY
Posted by on Oct 21, 2009 in Compound interest, Money Market Rates
No Comments
Most money market interest rates compound daily and this is one of the best advantages of using a money market account. One of the things you want to get with any type of savings is interest that compounds. Compounding interest is interest you earn on interest that has already been paid to you. For example, if you [...]