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8090 [49]
4 years ago
10

When Jill Thompson received a large settlement from an automobile accident, she chose to invest $120,000 in the Vanguard 500 Ind

ex Fund. This fund has an expense ratio of 0.14 percent. What is the amount of the fees that Jill will pay this year
Business
1 answer:
drek231 [11]4 years ago
3 0

Answer:

$168

Explanation:

The expense ratio calculates Vanguard 500 index fund expenses as a percentage of total funds invested in a mutual fund.

In this case, it measures the percentage of Jill Thomson's investment in the fund that goes to paying management fees, by comparing the mutual fund management fees with his total assets in the fund.

However, all costs are shared amongst the investors.

Expense ratio = operating expenses/average value of fund asset

Expense ratio = 0.14%,

Amount to be paid = expense ratio x amount invested (0.14% * 120,000= 168)

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Correct way to put on body harness?
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3 years ago
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Which of the following BEST represents a mission​ statement? A. Our goal is to honor and empower wounded warriors. B. We strive
BabaBlast [244]

Answer:

B. We strive to be the worldwide leader in sharing delicious tastes and creating joyful memories

Explanation:

There are two concepts i.e mission and vision. The mission statement is the statement in which it talks about the company goals and objective that represent the present condition of which market should be targeted, its geographical location, etc

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Based on the above explanation, the option B is correct as it depicts the mission statement.

4 0
3 years ago
A music teacher asked her students to set a really hard goal, such as increasing their practice time by 10 hours per week, which
PilotLPTM [1.2K]
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5 0
3 years ago
Assume there are only three possible states of nature for the economy in the future: boom, normal, and recession. If there is a
BartSMP [9]

Answer:

a. 45%

Explanation:

The sum of total probabilities  is always equal to 1. Since in the given question only three probabilities are given, so the sum of these three probabilities shall be 1 which is represented as follows by the equation:

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