Name____________________________

Worksheet for the Cautious Investor

The purpose of this worksheet is for you to record information found while browsing web sites to gather information on money market accounts. Please answer the following questions.

1. What is a money market account?
   
   
   
   
2. What is the difference between a money market account and a money market fund?
   
   
   
   
3. What is a minimum balance?
   
   
   
   
4. How is a money market account different than a checking account?
   
   
   
   
5. Why would you choose a money market account over a checking account?
   
   
   
   
6. Give the following information for the investment that you plan to recommend to your team.

The name of the money market account is______________________________________________

The current interest rate is_______________

The interest earned is credited (please circle one) daily, weekly, monthly, quarterly, annually.

The minimum investment required is_________________.

The amount of money that I am recommending my team invest in this fund is____________________.