Typically, You Must Invest at Least $1,000 to Open a Mutual

question 3

True/False

Typically, you must invest at least $1,000 to open a mutual fund account.

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Definitions:

Wattmeter

A meter used to measure true power or watts.

True Power

Generally expressed as watts. Describes the amount of electrical energy converted into some other form.

Ohmmeter

An instrument for measuring electrical resistance in ohms.

Analog Meter

A device that measures and displays information using a moving pointer or dial rather than digital means.