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Can someone answer me this, brief answers will be fine, i sorta have an idea what they are, just wanting to clarify it more
1.What is a Money Market Account?

2.The interest paid on it, is it similar to a savings account?

SirClayton


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1.What is a Money Market Account?

A Money Market account is a place for your money to be stored. It is a mutual fund that attempts to preserve capital.

2.The interest paid on it, is it similar to a savings account?

Yes.

Cheers-

george
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