How to Calculate the Money Market Fund Interest Rate

In this video you will learn the step by step formula to calculate the interest rate of a Money Market Fund Account. You will also learn about the uses of MMF accounts and the expectations.

[lydiahmukhanyi]

Now am addicted to your channel because am learning something new daily

[lydiahmukhanyi]

Good information, just joined etica because of your knowledge here

[EUNICEGICHANA-zptj]

You're so inspiring thanks for the explanation

[charlesobiero]

Great improvement on your videos and they very informative 💯kindly work on the background it's so bright..Thankyou

[tushiyakey]

Amazing. Been wanting to learn how to calculate this. Asante

[ronaldmwakina]

I wish to have started the m.m.f at 20s . I believe that time is money, now soon I will. 😅😂

[peterkigio]

Very educative....which are the leading mmfs?

[kamakazi]

Thats simple and straight.
If i invested 10M then i would earn a monthly passive income of 104k.
So the question is how do i get 10million? thats what calls u to ask yourself how is wealth built? Mindset becomes key....how u think, act and feel towards every cent u earn is key.
MMF is there to build the consistency in u towards wealth creation.

[tiberiouswesonga]

I checked with Erica they say the daily interests do not apply. to weekends and holidays. Correct me if I am wrong. That means the calculations about may be short of some shillings at some point

[jeremiahkioko]

To see results in mmf you need patience and consistant in top up after 3 to 5 years and above you will see wonders

[muriithijames]

Thanks, i joined i successfully joined money market fund through this channel

[isaiahokelo]

Kindly take me through on how to identify a good mmf and how to open one

[kennethmwaura]

Can I use the mmf as a long term investment rather than fixed and locked ones? The risk is higher but it's worth it right?

[ntiqksi]

Mmf and Sacco where can get good compounding interest kindly share

[lucy]

With 3 million i earn the same amount as my 10 million rentals minus the tenant headache

[BenardMaseseAgura]

bro too much stories in the beginning; are you a story teller?

[alicew]

Does my money in a mmf fund compound if i do not make top- ups .i have not withdrawn the interest earned.?

[arapmulilo]

Boss you forgot about the management fee they deduct on the only considered Zakayo😂

[josehcharlaw]

I think one year is quite a long period of time..😂😂😂
Talk about the risks associated with this.what if the Bank goes bankrupt😢😢..or else the government illegalizes the mmf..you will lose a huge amount of money 😢😢🤑💰💰

[Ibrahima]

Not what I really expected...its too slow its just meant for people in the payrol..