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A mutual fund has a current offering price of $56.70. What is the net asset value if the fund charges a 4.5% front-end load?
Turing Test
A measure of a machine's ability to exhibit intelligent behavior equivalent to, or indistinguishable from, that of a human.
Expert System
A computer system that emulates the decision-making ability of a human expert, used to solve complex problems by reasoning through bodies of knowledge.
Neural Networking
A computer system modeled on the human brain's network of neurons, designed to recognize patterns and solve complex problems.
Machine Learning
A subset of artificial intelligence involving algorithms and statistical models that enable computers to perform tasks without explicit instructions.
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