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Compare and contrast certificates of deposit, mutual funds, bond funds, and treasury notes.
Answer the following questions:
1 What is the major difference between mutual funds and certificates of deposit?
2 How are mutual funds and certificates of deposit alike?
3 What is the major difference in bonds and treasury notes, and which would you prefer as an investor?
4 How are bonds, treasury notes, mutual funds alike?
In real lotteries, there are many more choices (often 54) and you must match all five winning numbers. Explain how these changes affect your chances of hitting the jackpot.
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