« previous next »

Author Question: You purchase a mutual fund at an offer price of 11.28 per share. If the net asset value is 10.74, ... (Read 63 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 24, 2018
You purchase a mutual fund at an offer price of 11.28 per share. If the net asset value is 10.74, find the sales charge percent. (Round to the nearest tenth)
 A) 5.0
  B) 95.0
  C) 4.8
  D) 95.2

Question 2

Kim Maugeri deposited 8,000 in a savings account paying 5.25 ordinary interest. How long will it take for her investment to grow to 10,100?


adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

5 years


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Parents who grew up in dual-earner families are more apt to share household tasks equally than those ... Parents who grew up in dual-earner families are more apt to share household tasks equally than those ...
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
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 ...
Mutual Protection Mutual Protection
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library