1. A fund that invests in a certain kind of stocks or bonds or in the market as a whole.
Mutual Fund
Multi-Company Investment Instrument (MCIi)
Fund Pool
Index Fund
2. A gallon of milk sold at a local grocery store for $2.99. The cost to the grocery to buy the milk from a local wholesaler was $2.10. Freight expenses totaled 10 cents. Determine the gross profit to the grocery store for that gallon of milk.
$2.20
$0.79
$2.99
$2.10