This topic contains a solution. Click here to go to the answer

Author Question: The First United mutual fund has total assets of 45,500,000 and liabilities of 1,600,000. There are ... (Read 78 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
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
Answer to Question 1

3.09

Answer to Question 2

B




natalie2426

  • Member
  • Posts: 524
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library