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Wittaler [7]
3 years ago
12

Rochelle invests in 500 shares of stock in the fund shown below. name of fund nav offer price hat mid-cap $18.94 $19.14 rochelle

plans to sell all of her shares when she can profit $6,250. what must the net asset value be in order for rochelle to sell?
a. $12.50
b. $31.44
c. $31.64
d. $100.00
Mathematics
2 answers:
Alborosie3 years ago
7 0

Answer:

c. $31.64

Step-by-step explanation:

Naddik [55]3 years ago
5 0
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>
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Step-by-step explanation:

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The  second (middle ) graph is the only one that works.

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2 years ago
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Answer:

Height = 14.4

Step-by-step explanation:

The diagonals meet at right angles. Interesting property.

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You can find the other side of the the triangle by using the Pythagorean Theorem

a^2 + b^2 = c^2

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a = 12

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12^2 + b^2 = 15^2

144 + b^2 = 225

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b^2 = 81

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The area of this right angle = 9 * 12/2 = 54

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