To calculate the total investment in a load fund, B.) MULTIPLY THE NUMBER OF SHARES BY THE OFFER PRICE.
Load fund is a mutual fund. The term "load" is used to refer to a fund with commission.
The commission is the difference of the net asset value and the offer price of the fund.
7m
1.75 divided by 2.25 = 0.77777777...
0.77777777.. times by 9 = 7
Answer:
Mean = 0.2(100) = 20
Variance = 0.2×0.8×100 = 16
Standard deviation = 4
Yes, np > 5 & nq > 5
Because it says it’s looking for the ESTIMATED sum. Round your answer to the nearest tenth, and that would be an estimated answer.