Question

At the end of 2012, u.s. households and nonprofit organizations held approximately __________ in mutual funds

Answer 1

$15.7 trillion

Step-by-step explanation:

At the end of 2012 Us house holds and non profit organization held together 15.7 trillion dollars in mutual funds, mutual funds are sums of money that people or organizations put together in order to buy or to invest in other stocks, they are commonly managed by a portfolio manager. So this means that households and non profits have a large sum of the total funds that exist in the American economy.

Answer 2

At the end of 2012, u.s. households and nonprofit organizations held approximately $6 trillion in mutual funds. The sum that is missing is $6 trillion. I hope this is the answer that you were looking for.