This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The First United mutual fund has total assets of 45,500,000 and liabilities of 1,600,000. There are ... (Read 48 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jun 24, 2018
The First United mutual fund has total assets of 45,500,000 and liabilities of 1,600,000. There are 14,200,000 shares outstanding. What is the net asset value of the fund? (Round to the nearest cent)

Question 2

Manually calculate the compound interest on an investment of 12,500 at 7.5 interest, compounded semiannually, for 2 years. (Round value to the nearest cent)
 A) 1,983.00
  B) 1,983.13
  C) 14,483.14
  D) 450.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

3.09

Answer to Question 2

B


natalie2426

  • Member
  • Posts: 524
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Sources of Energy in the United States Sources of Energy in the United States
Personality differences in the United States Personality differences in the United States
Wenda Gu, united nations—china monument: temple of heaven. Wenda Gu, united nations—china monument: temple of heaven.
Andrea Bowers, United States v. Tim DeChristopher. Andrea Bowers, United States v. Tim DeChristopher.
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library