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

Author Question: A mutual fund has an offer price of 11.98 per share and a net asset value of 11.29. What is the ... (Read 124 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
A mutual fund has an offer price of 11.98 per share and a net asset value of 11.29. What is the sales charge percent? (Round to the nearest tenth)
 A) 5.8
  B) 6.1
  C) 93.9
  D) 94.2

Question 2

What is the time period of a loan for 7,500, at 6 exact interest, if the amount of interest is 98.63? (Round fraction to next higher day)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

80 days




Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 24, 2018
Excellent


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library