Answer:
Ending balance is $152
Explanation:
The table is attached below
The primary objective of growth mutual funds is capital appreciation with a high level of current income.
This statement is False.
A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.
The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.
The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.
Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.
Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.
Learn more about mutual funds here
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Answer:
$3500 is deductible
Explanation:
The question is not complete . Please see the solution below :
The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible
<span>C) Renters don’t have to pay for major repairs to the property.</span>
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