Noah is thinking about investing $1,000 in a global mutual fund. However, the fund is a load
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Noah is thinking about investing $1,000 in a global mutual fund.
However, the fund is a load fund, which charges a commission of 8.5 percent. The investment company would deduct this fee from Noah’s $1,000 before his money is invested in the fund.
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Related Book For
Business And Personal Finance Kid S Kits My Money Money Talk For The Young And Savvy
ISBN: 978-0078684159
1st Edition
Authors: Mcgraw Hill Education
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