Author Question: A mutual fund has a net asset value of 8.23 and an offer price of 8.75. What is the rate of ... (Read 57 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
A mutual fund has a net asset value of 8.23 and an offer price of 8.75. What is the rate of commission, to the nearest tenth percent?

Question 2

Ted Miles bought a 150,000 term life insurance policy. He paid an annual premium of 1.72 per 1,000 of insurance. What annual premium did he pay?



k2629

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

5.9

Answer to Question 2

258



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library