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Author Question: Jorge Rodriguez wants to invest money in the DJ Securities Fund. It has an offer price of 17.98 per ... (Read 41 times)

audragclark

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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


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flannelavenger

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 0.86
b. 5.0

Answer to Question 2

present value


audragclark

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

lindahyatt42

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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