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An Investment Option That Allows Fund Shareholders to Funnel Fixed

question 174

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An investment option that allows fund shareholders to funnel fixed amounts of money from their paychecks or bank accounts automatically into a mutual fund is a(n)


Definitions:

Interest Income

Interest Income is the earnings an individual receives from depositing funds in interest-bearing accounts, such as savings accounts or investments in bonds.

Taxpayers

Individuals or entities that are obligated to pay taxes to a federal, state, or local government.

Employee Discounts

Reduced prices offered to workers of a company for its products or services.

Normal Selling Price

The usual cost at which goods or services are sold to the public, under regular business conditions without any discount or rebate.

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