One advantage of a money market mutual fund account is that

Question

Quizplus · Accepted Answer

Money market mutual funds typically have higher interest rates than regular bank accounts, so shareholders can earn more interest. However, they do have some risk associated with them, so they are not completely riskless. Additionally, they are not guaranteed for a larger amount than FDIC-insured deposits and may not be completely liquid depending on the terms of the specific fund.

One Advantage of a Money Market Mutual Fund Account Is