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Brenda wants to invest in a fund that will outperform most others over many years. On average, she would be better off to invest in an index fund instead of a managed closed-end fund.
Note Payable
A written promise to pay a certain amount of money on demand or at a fixed or determinable future time.
Unearned Fees
Income received for services that have not yet been performed or delivered.
Monthly Salary
A fixed amount of payment received by an employee from an employer on a monthly basis.
Unused Supplies
Supplies that have been purchased but not yet used in the operation of a business.
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