Linda Ashworth Is Trying to Decide Whether to Keep Her

question 72

Essay

Linda Ashworth is trying to decide whether to keep her money in a savings account or in a mutual fund.What would you tell her to help her analyze her decision?

---

Definitions:

Australian Dollar

The currency of Australia, often represented by the symbol AUD in financial transactions.

S&P 500 Index

A U.S. stock market index that measures the stock performance of 500 prominent companies listed on the NYSE or NASDAQ, using their market caps.

April Futures Price

The agreed-upon price for a futures contract that is set to settle in April, representing the price of an asset at that future date.