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

Author Question: Jorge Rodriguez wants to invest money in the DJ Securities Fund. It has an offer price of 17.98 per ... (Read 83 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
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
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
Thanks for the timely response, appreciate it


nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library