Identify at Least Seven (7)purposes of Assistive Technology and Provide

question 31

Essay

Identify at least seven (7)purposes of assistive technology and provide an example of each.

Understand the structure and function of exchange-traded funds (ETFs) and how they compare to mutual funds.

Identify the fees associated with mutual fund investments, including management fees, load fees, and 12b-1 fees.

Calculate the impact of fees on mutual fund investments and understand the concept of load and no-load funds.

Recognize the benefits of mutual funds in retirement accounts and the ability to switch investments in a family of funds concept.

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Definitions:

Profitability Index (PI)

The profitability index is a ratio that calculates the present value of future cash flows from an investment divided by the investment's initial cost, used to assess the desirability of a project.

Internal Rate Of Return (IRR)

A financial metric used to estimate the profitability of potential investments, calculated as the discount rate that makes the net present value (NPV) of all cash flows equal to zero.

Discounted Payback

This refers to the period of time it takes to recoup an investment in terms of its discounted cash flows, taking the time value of money into account.

Payback

The period it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.