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What is a mutual fund? A. a group that borrows money from many different sources to lend to its members B. a company that collects money from people to insure their families against their loss of income C. a device for pooling the savings of many investors and investing it in a variety of way D. a group that makes loans to investors who sometimes have a history of not paying back their loans
A mutual fund is: a device for pooling the savings of many investors and investing it in a variety of ways.
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Asked 10/21/2013 8:43:57 AM
Updated 5/21/2018 9:22:16 AM
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A mutual fund is: a device for pooling the savings of many investors and investing it in a variety of ways.
Added 5/21/2018 9:22:16 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/21/2018 10:26:31 AM]
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