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 32 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
Gracias!

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

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.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Several species of squirrels have melanistic phases. In large parts of United States and Canada, the Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
Bilingualism in the United States Bilingualism in the United States
Incidence of acute hepatitis B in the United States, 1980–2008. Incidence of acute hepatitis B in the United States, 1980–2008.
Food Assistance Programs in the United States Food Assistance Programs in the United States
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library