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 55 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!

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

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?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

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

Students and Money Students and Money
How to calculate the future value of a mutual fund How to calculate the future value of a mutual fund
Price of Computers, 1982–2010 Price of Computers, 1982–2010
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
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, ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library