In the Last 3 Years, Mutual Fund a Grew at the Rate

question 37

Multiple Choice

In the last 3 years, mutual fund A grew at the rate of 9.5%/year compounded quarterly. Over the same period, mutual fund B grew at the rate of 9.6%/year compounded semiannually. Which mutual fund has a better rate of return? ​

• A) Fund A
• B) Fund B

---

Definitions:

Age of Majority

The legally recognized age at which an individual is considered an adult and capable of making certain legal decisions.

Misrepresent

To provide false or misleading representations about something, often with the intent to deceive.

Medicalization

The process by which non-medical problems become defined and treated as medical problems, usually in terms of illnesses or disorders.

Attention Deficit Disorder

A neurodevelopmental disorder characterized by a pattern of inattention and/or hyperactivity-impulsivity that interferes with functioning or development.