« previous next »

Author Question: Trent Carlson invested 9,375 in a mutual fund with an offer price of 32.24 and a net asset value of ... (Read 57 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
Trent Carlson invested 9,375 in a mutual fund with an offer price of 32.24 and a net asset value of 12.10. How many shares did Trent purchase? (Round to thousandths)

Question 2

Maturity value is the total payback of a simple interest loan that includes the principal plus the interest.
  Indicate whether the statement is true or false


raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

290.788 shares

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Adult stem cells offer hope for cell therapy to treat diseases in the future Adult stem cells offer hope for cell therapy to treat diseases in the future
Vertical filing systems offer an alternative to traditional upright storage systems Vertical filing systems offer an alternative to traditional upright storage systems
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
What amount was invested 35 years ago at 7% compounded semiannually if the value of the ... What amount was invested 35 years ago at 7% compounded semiannually if the value of the ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library