This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The First United mutual fund has total assets of 45,500,000 and liabilities of 1,600,000. There are ... (Read 61 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jun 24, 2018
The First United mutual fund has total assets of 45,500,000 and liabilities of 1,600,000. There are 14,200,000 shares outstanding. What is the net asset value of the fund? (Round to the nearest cent)

Question 2

Manually calculate the compound interest on an investment of 12,500 at 7.5 interest, compounded semiannually, for 2 years. (Round value to the nearest cent)
 A) 1,983.00
  B) 1,983.13
  C) 14,483.14
  D) 450.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

3.09

Answer to Question 2

B


natalie2426

  • Member
  • Posts: 524
Reply 2 on: Jun 24, 2018
Excellent

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ... Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ...
Living arrangements of older adults in the United States vary widely depending on gender and ... Living arrangements of older adults in the United States vary widely depending on gender and ...
GDP per Capita in the United States, 1870–2009 (Ratio Scale) GDP per Capita in the United States, 1870–2009 (Ratio Scale)
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Cataract

For a complete list of videos, visit our video library