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Author Question: A mutual fund has total assets of 39,333,444 and liabilities of 6,753,789. If there are 11,521,000 ... (Read 103 times)

Cooldude101

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on: Jun 24, 2018
A mutual fund has total assets of 39,333,444 and liabilities of 6,753,789. If there are 11,521,000 shares outstanding, what is the net asset value of the fund?
 A) 3.02
  B) 3.85
  C) 2.83
  D) 2.16

Question 2

Find the amount of the principal on a loan at 6 interest for 140 days if the interest was 253.15, using the exact interest method. (Round to the nearest whole dollar amount)


Brenm

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

C

Answer to Question 2

11,000


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