Estimate the Percentage $9,024$ B) $90.24$ C) $4,512$ D) $902$ E) $1,805$

question 50

Multiple Choice

Estimate the percentage. 10% of 90,240

• A) \(9,024\)
• B) \(90.24\)
• C) \(4,512\)
• D) \(902\)
• E) \(1,805\)

---

Definitions:

Open-end Funds

Mutual funds that continuously issue new shares to investors and buy back shares when investors wish to sell, with prices determined by the net asset value.

Equity Funds

Mutual funds or other types of investment funds that invest primarily in stocks, seeking to provide returns through equity ownership.

Mutual Fund Assets

The total market value of all the financial assets being managed by a mutual fund.

Guaranteed Rates

Guaranteed rates are interest or return rates promised to investors or savers over a specified period, regardless of market conditions.