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To: FredM who wrote (2207)3/28/1999 10:17:00 PM
From: RobbRacer  Respond to of 3216
 
Fred,
A sweep account is an overnight money market account that all available funds are "swept" into every night that is in cash. It is a standard thing to do so you probably have it set up thisway. Current rate is probably around 4.5 APR.
Rob