In the united states, what was the main purpose on anti-trust legislation?

A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $23.15. Income

Stella [2.4K]

The rate of return did an investor receive on the fund last year is : 8.87%.

<h3>Rate of return</h3>

Using this formula

Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV

Let plug in the formula

Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00

Rate of return =$2.04/$23.00×100

Rate of return = 8.87%

Therefore the rate of return did an investor receive on the fund last year is : 8.87%.

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7 0

1 year ago

You borrow $210,000 to purchase a home. the terms of the loan call for monthly payments over 30 years at a mortgage rate of 4.50

Dmitry_Shevchenko [17]

First step, find the monthly payments.
Borrowed amount, P = 210000
Monthly interest, i = 0.045/12
Number of periods, n = 30*12=360

Monthly payment
$A=\frac{P(i*(1+i)^n)}{(1+i)^n-1}$
$=\frac{210000(0.045/12*(1+0.045/12)^360)}{(1+0.045/12)^360-1}$
$=1064.0392$ [to the 1/100 of a cent]

2. Calculate interest accumulated over 60 months
$I=210000((1+0.045/12)^{60}-1)$
$=52877.12$

3. Calculate value of payments
$F=\frac{A((1+i)^n-1)}{i}$
$=\frac{1064.039150634359((1+0.045/12)^{60}-1)}{0.045/12}$
$=71445.50$ to the nearest cent

4. Calculate percentage of interest paid
A. as a fraction of future values
Percentage of interest
=52877.12/71445.50
=74.01%
As a fraction of total amounts paid
Percentage of interest
=52877.12/(60*1064.0392)
=52877.12/63842.35
=82.82%

6 0

3 years ago

A corporation issued 2,500 shares of its no par common stock at a cash price of $11 per share. The entry to record this transact

dsp73

Answer:

Date Account Titles and Explanation Debit Credit

Cash $27,500

Common stock $27,500

(Being shares issued at cash price recorded)

Common stock = 2,500 shares * $11

Common stock = $27,500

5 0

2 years ago

The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w

slava [35]

Answer:

Losses for the producers of Waterworld, if they finished the movie would be <u>$50 million</u>. If they did not finish the movie, losses would be <u>$130 million.</u>

Explanation:

This is because, the difference between all their expenses in making the movie and the revenue generated is actually <em>$50 million</em>. This happens to be their losses while on the other-hand, if they didn't finish making the movie, it would be <em>$130 million </em>(aside the cost spent in finishing the movie after rebuilding the set)

5 0

3 years ago

Deciding on the best means of transportation depends on ____.

mr Goodwill [35]

Answer:

all of the above

Explanation:

because it needs to be affordable safe and comfortable

8 0

2 years ago

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