Author Question: A mutual fund has a net asset value of 8.23 and an offer price of 8.75. What is the rate of ... (Read 64 times)

Pea0909berry

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A mutual fund has a net asset value of 8.23 and an offer price of 8.75. What is the rate of commission, to the nearest tenth percent?

Question 2

Ted Miles bought a 150,000 term life insurance policy. He paid an annual premium of 1.72 per 1,000 of insurance. What annual premium did he pay?



k2629

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Answer to Question 1

5.9

Answer to Question 2

258



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