Consider the Whole Number $1,537,569$ What Digit Is in the Millions Column

question 81

Short Answer

Consider the whole number $1,537,569$ . What digit is in the millions column?

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Definitions:

Management Fees

Charges paid by investors in a fund (such as mutual funds or hedge funds) to the managers for their services in managing the fund's portfolio.

Front-End Loads

Front-End Loads are fees paid by investors at the time of purchasing mutual fund shares, which reduce the amount of investment actually placed into the fund.

Back-End Loads

Fees paid by investors when selling mutual fund shares, often used to discourage quick or short-term trading.

Multiple Mutual

A term lacking a clear definition in standard financial parlance, potentially referring to strategies involving investments in various mutual funds. NO.