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Author Question: A mutual fund has an offer price of 11.98 per share and a net asset value of 11.29. What is the ... (Read 105 times)

Zulu123

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on: Jun 24, 2018
A mutual fund has an offer price of 11.98 per share and a net asset value of 11.29. What is the sales charge percent? (Round to the nearest tenth)
 A) 5.8
  B) 6.1
  C) 93.9
  D) 94.2

Question 2

What is the time period of a loan for 7,500, at 6 exact interest, if the amount of interest is 98.63? (Round fraction to next higher day)


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chinwesucks

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

80 days


Zulu123

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Kedrick2014

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Reply 3 on: Yesterday
Excellent

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