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

Question

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] · Answer 1 · 2023-04-15T22:03:49+03:00

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