Question

Define income and income growth​

Answer 1

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income:- the money you receive regularly as payment for your work or as interest on money you have saved, etc.

income growth:- Growth in value of the organization's net income from one reporting period to another. This metric has been updated.

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Answer 2

Explanation:

growth and income fund is class of mutual fund or exchange-traded fund (ETF) that has a dual strategy of both capital appreciation (growth) and current income generated through dividends or interest payments. ... A growth and income fund is a type of blend fund, which invests in both growth and value stocks.

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