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 23 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?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library