Author Question: You purchase a mutual fund at an offer price of 11.28 per share. If the net asset value is 10.74, ... (Read 87 times)

fasfsadfdsfa

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You purchase a mutual fund at an offer price of 11.28 per share. If the net asset value is 10.74, find the sales charge percent. (Round to the nearest tenth)
 A) 5.0
  B) 95.0
  C) 4.8
  D) 95.2

Question 2

Kim Maugeri deposited 8,000 in a savings account paying 5.25 ordinary interest. How long will it take for her investment to grow to 10,100?



adf223

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Answer to Question 1

A

Answer to Question 2

5 years



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