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

Author Question: Jorge Rodriguez wants to invest money in the DJ Securities Fund. It has an offer price of 17.98 per ... (Read 79 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
Jorge Rodriguez wants to invest money in the DJ Securities Fund. It has an offer price of 17.98 per share and a net asset value of 17.12. a. What is the amount of the sales charge per share? b. What is the sales charge percent? (Round to the nearest tenth of a percent)

Question 2

The amount that must be invested today in order to accumulate a future value with compound interest is known as the ___________________ _.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 0.86
b. 5.0

Answer to Question 2

present value


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Gracias!

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

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?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Adult stem cells offer hope for cell therapy to treat diseases in the future Adult stem cells offer hope for cell therapy to treat diseases in the future
Alan Price - Poor People Alan Price - Poor People
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Learn Canadian money grade 1 Learn Canadian money grade 1
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library