Answer:
22.5 lbs
Step-by-step explanation:
First you find the cubic feet. That is the volume of the object which is length*width*height.
In your example, they are using inches. So you have to convert all units to feet. That would be 0.5 inches, 0.5 inches, and 5/3 inches. The volume would be 0.5*0.5*5/3 which is about 5/12 cubic feet
You then take that 5/12 cubic feet and multiply it by the 54 lbs/cubic foot. The answer would be 22.5 lbs
Data:
<span>Number of shares: 500
name of fund
nav offer price
hat mid-cap $18.94 $19.14
Profit $6,250.
1) Investment = number of shares * offer price = <em />500 * $ 19.14 = $ 9570
2) Total net value = profit + investment = $6250 + $9570 = $15820
3) NAV = total net value / number of shares = $15820 / 500 = $31.64
Answer: option c: 31.64
</span>
Answer:
2+2=4
Step-by-step explanation:
