A mutual fund is a professionally controlled investment fund that swimming pools money from many traders to purchase securities. The time period is commonly used inside the united states of America, Canada, and India, at the same time as comparable structures throughout the globe including the SICAV in Europe and open-ended funding corporation within the united kingdom.

A mutual fund is a pool of money controlled by a professional Fund manager. It's far a consider that collects money from some the buyers who share a common investment objective and invests the same in equities, bonds, cash marketplace instruments, and/or different securities.

Mutual funds are good funding for traders looking to diversify their portfolios. in preference to going all-in on one company or enterprise, a mutual fund invests in special securities to try and reduce your portfolio's risk.

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3 0

2 years ago

Suppose that consumers' incomes increased, such that more video games were demanded at each price level. After the increase in d

PSYCHO15rus [73]

Answer:

After the increase in demand, the new equilibrium price is $160, where both supply and demand equal 300.

Explanation:

When the income level of customers increases, the demand curve shifts to the right, increasing the quantity demanded at every price level.

If the quantity demanded for a good increases as its customers' income increases, it is called a normal good.

In this case, the previous equilibrium quantity was 200 units and the equilibrium price was $50. Since the demand curve shifted to the right, both the quantity demanded increased from 200 units to 300, and the equilibrium price increased from $50 to $160.

8 0

3 years ago

Inflation is running at 1.2% per year when you deposit $11,000 in an account earning 6% compounded monthly. In constant dollars,

nordsb [41]

Answer:

$13,316.54

Explanation:

Data provided in the question:

Inflation rate, i = 1.2% = 0.012

Deposits = $11,000

Interest rate, r = 6% = 0.06

Time, t = 4 years

since compounded monthly, number of periods n = 12

Now,

Future value of money with the interest

= Deposits × $[1+ \frac{r}{n}]^{n.t}$

= $11,000 × $[1+ \frac{0.06}{12}]^{12\times4}$

= $13,975.38

Considering the inflation,

Amount after 4 years = Future value × [1 - i ]ⁿ

= $13,975.38 × [1 - 0.012]⁴

= $13,316.54

5 0

3 years ago