weakness of money market
Answers
Answered by
1
Answer:
The interest rate on a money market account also fluctuates, without a guarantee for any period of time. If market interest rates fall, the bank or credit union can reduce your rate. A money market account doesn't safeguard your rate like a certificate of deposit, which normally pays a guaranteed rate until it matures.
Answered by
2
Answer:
The interest rate on a money market account also fluctuates, without a guarantee for any period of time. If market interest rates fall, the bank or credit union can reduce your rate. A money market account doesn't safeguard your rate like a certificate of deposit, which normally pays a guaranteed rate until it matures.
Similar questions
Computer Science,
3 months ago
Physics,
7 months ago
Math,
1 year ago
Math,
1 year ago
Physics,
1 year ago