interest is usually paid on money market instruments ___________.
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may be in interest rate
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Interest is usually paid on money market instruments at month end.
- Money market accounts pay interest regularly, and it is deposited directly into the account at the end of each month.
- The account, like a conventional bank account, pays a person interest when they deposit money into the account.
- Due to various underlying assets and as they are generally based on market interest rates, money market mutual funds have lower interest rates.
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