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A Family of Funds Is a Grouping of Funds That

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A family of funds is a grouping of funds that all invest in bonds or all invest in stocks.


Definitions:

Sales Tax

A percentage of the sale price collected by the government on goods and services.

Purchase

The act of buying goods or services.

Algebraic Expression

A mathematical phrase that can contain ordinary numbers, variables, and operators.

Verbal Phrase

A verbal phrase is a group of words expressing an action or a state of being, often used in mathematics to translate words into algebraic expressions or equations.

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