Examlex
Define characters, fields, records, and files. Give two examples of each.
Mutual Fund
An investment vehicle comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.
IRA Funds
Investment vehicles that provide individuals with a means to save for retirement with tax advantages.
Discount Rate
The interest rate used to discount future cash flows of investments or projects to their present value, crucial for assessing their profitability.
Present Value
The modern-day worth of an upcoming sum of money or series of cash receipts, factoring in a chosen rate of return.
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