A money market rate calculator is an online tool that allows you to calculate the interest rate on a money market account. It is a useful tool for comparing different money market accounts and finding the best rate for your money. To use a money market rate calculator, you will need to provide the following information:
- The amount of money you want to invest
- The term of the investment
- The interest rate
Once you have entered this information, the calculator will calculate the interest rate and provide you with a comparison of different money market accounts.