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 46 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?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library