This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At 55 years of age you may want to reduce risk by switching from very aggressive funds to balanced ... (Read 39 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Nov 11, 2019
At 55 years of age you may want to reduce risk by switching from very aggressive funds to balanced funds. If your portfolio is worth $498 000 and your family fund company charges you a 2 percent switch fee and 3 percent redemption fee, what will it cost to change funds?
◦ $14 940
◦ $9960
◦ $24 900
◦ $4980
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ec501234 on Nov 11, 2019

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


ec501234

  • Member
  • Posts: 573
Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

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?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

The Upper Cave at Zhoukoudian yields ages of about 25,000 years for Homo sapiens. The Upper Cave at Zhoukoudian yields ages of about 25,000 years for Homo sapiens.
Review of Health and Illness over the Adult Years Review of Health and Illness over the Adult Years
Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
How does PCA reduce the dimension of a statistical problem? How do you select the reduced ... How does PCA reduce the dimension of a statistical problem? How do you select the reduced ...
The Cs-131 nuclide has a half-life of 30. years. After 139 years, about 3.0 grams remain. The ... The Cs-131 nuclide has a half-life of 30. years. After 139 years, about 3.0 grams remain. The ...
Heart drawing by 6 years old Heart drawing by 6 years old
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library