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Would someone know what the yearly interest rate be,if i invested $3000 for 3 years in a money market fund?


Would someone know what the yearly interest rate be,if i invested $3000 for 3 years in a money market fund?

not all banks pay the same rate, but you shold be able to find rates around 4%

bankrate.com allows you to compare rates accross different investment vehicles. The interest rate changes so to predict 3 years is not feasible. If you are talking a CD you can lock in a rate for that time period. It seems the online banks give the best Money market account interest rate right now, but that could change. You need to adjust a little time into the best thing for you

No 1 can possibly know this as true MM rets change daily. Should not be in a MM fund should be in ADx or JZL, a Boeing pfd yielding 6.25%

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