« previous next »

Author Question: Trent Carlson invested 9,375 in a mutual fund with an offer price of 32.24 and a net asset value of ... (Read 76 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
Trent Carlson invested 9,375 in a mutual fund with an offer price of 32.24 and a net asset value of 12.10. How many shares did Trent purchase? (Round to thousandths)

Question 2

Maturity value is the total payback of a simple interest loan that includes the principal plus the interest.
  Indicate whether the statement is true or false


raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

290.788 shares

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

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
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien One day, I hope different colleges and universities that online degrees will offer Bachelor of Scien
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
What amount was invested 35 years ago at 7% compounded semiannually if the value of the ... What amount was invested 35 years ago at 7% compounded semiannually if the value of the ...
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library