How to calculate money market fund interest

Still contemplating on whether to join a money market fund? Or you've invested in a money market fund but you have no idea how your interest is calculated? Well, let me take you through how this is done.

[Maladosmedia]

Dave Ramsey didn’t want to tell the truth. But you told the truth! Thank you!!!🔥

[J_MiX]

I replicated your spreadsheet. Very helpful, thanks again.

[bencymutugi]

I honestly don't understand how it works...bt thanks man

[lenceranyango]

Well put but according to you, compounding is on monthly basis however I feel it should be compounding daily.

[poincareconjecture]

Xcel skills they need ur kind in the States

[malindimwangi]

Question. Isn’t interest of an MMF compounded daily but doled out monthly? Therefore wouldn’t the monthly earnings be higher because on the second day it wouldn’t be the original amount that is the principal but rather 100027.40?

[myonlinetherapysessions]

I always want to ask this question if you invest in a money market fund then you want to withdraw your funds are you allowed to withdraw the initial principle eg in this video the kshs. 100, 000

[sgmjkxq]

can i continue contributing monthly too, like every month, what will the maths look like?

[beatricenyaboke]

What of the money you keep topping monthly?

[charlestutu]

Is my calculator working abnormally? Check your calculations again please

[kevinkirchner]

nice video I'm new to cryptocurrency and I don't understand how it really works. Can someone guide me on the right approach to investing and making good profit from cryptocurrency investment

[walala]

Assume 10% APY ? are u dreaming? maybe 1 to 3% APY....Big difference the outcome