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mina [271]
2 years ago
10

Jarell Tarver invested $20,000 in the Boyd Kern Mutual Fund (Type A). The net asset value is $21.34 per share. The fund is front

-loaded with a loading rate of 5.25%. How many shares did Jarell purchase?
Mathematics
1 answer:
fgiga [73]2 years ago
6 0

Answer:

Ok To tell the truth My honest answer is 20026.59

Step-by-step explanation:

I say this because at the end it says how Many shares di Jarrell purchased so you suppose to add so 20,000 then 21.34 then do 5.25 so that's how u got that answer I hope that's correct I'm sorry if it's not I'm not a big fan of math I believe in you tho

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Estimate using a rate per 100 of 74% of 315. 89% of 195
LiRa [457]
<span><span>1.       </span>Given numbers:
74 % of 315
89% of 195

now, let’s solve the first given numbers:
=> 74% of 315
=> 315 is the 100%
Let’s convert 74% into decimals
=> 74% = .74
=> 315 * .74 = 233.1, the value of 74% of 315
Let’s solve the second given:
=> 89% of 195
where 195 is the 100%
=> 89% = .89
=> 195 * .89
=> 173.55, the value of 89% of 195</span>



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