Explain how the expenses of buying, selling, and holding financial assets decrease the rate of return from an investment.
Identify and compare the administrative costs of several mutual funds and estimate the differences in the total amount accumulated after 10 years for each mutual fund, assuming identical market performance.
Subject Area: Social Studies
Strand: Financial Literacy (Discontinued after 2023-2024)
Date Adopted or Revised: 04/15
Status: State Board Approved