As of 2017, Approximately ________ of Mutual Fund Assets Were

question 47

Multiple Choice

As of 2017, approximately ________ of mutual fund assets were invested in money market funds.

• A) 5%
• B) 17%
• C) 44%
• D) 66%

---

Definitions:

Specific Customers

Refers to the particular group or segment of customers targeted by a business for its products or services.

Annual Interest Rate

The percentage increase in the amount of money owed as interest on a loan or investment, calculated on an annual basis.

Principal

The original sum of money borrowed in a loan, or the amount of the investment, excluding any interest or dividends.

Accounts Receivable-Redding

Accounts receivable specifically related to the Redding location or branch, indicating money owed by customers for goods or services delivered.