1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marysya12 [62]
3 years ago
8

An investor purchases a mutual fund for $80. The fund pays dividends of $2.30, distributes a capital gain of $3, and charges a f

ee of $3 when the fund is sold one year later for $85.70. What is the net rate of return from this investment? (Enter your answer to the nearest whole number.)
Business
1 answer:
igomit [66]3 years ago
6 0

Answer:

10%

Explanation:

Rate of Return = (Sale Price + Net Income Received - Purchase Price) / Purchase Price

Rate of Return = ($85.70 + ($2.3 + $3 - $3) - $80) / $80

Rate of Return = ($85.70 + $2.3 - $80) / $80

Rate of Return = $8 / $80

Rate of Return = 0.1

Rate of Return = 10%

So, the net rate of return from this investment is 10%

You might be interested in
Approximately how many union and confederate soldiers died during the civil war?
Aleonysh [2.5K]

Approximately . 620,000 union and confederate soldiers died during the cilil war.

A smaller business base, fewer rail strains, and an agricultural financial system based totally upon slave hard work made mobilization of assets extra difficult. as the conflict dragged on, the Union's blessings in factories, railroads, and manpower put the Confederacy at a high-quality drawback.

The use civil in civil battle isn't always associated with the definition "quiet or peaceful conduct." rather it refers to an older meaning of or relating to residents,and for that reason civil war is among residents of the equal country. The time period entered the lexicon within the early 16th century.

The Civil warfare turned into a brutal war that lasted from 1861 to 1865. It left the south economically devastated, and resulted in the criminalization of slavery within the united states of america. accomplice general Lee surrendered to Union popular furnish in the spring of 1865 formally finishing the warfare.

Learn more about civil war here:-brainly.com/question/1020924

#SPJ4

6 0
1 year ago
What is the opportunity cost?
Lisa [10]

Answer:

the loss of other alternatives when one alternative is chosen.

Explanation:

7 0
3 years ago
Read 2 more answers
Venus Inc., a producer of high-end computer software, provides merchandising aids to its distributors in the form of interactive
kenny6666 [7]

Answer:

Venus, Inc. is employing a push strategy.

Explanation:

This is a promotional strategy used by marketers to "push" their products into the customer and is often used when launching a new product. The idea is to make the product known to the public that <em>does not know</em> of it and is <em>not actively looking for it</em>. Companies often provide incentives to its distributors to give them <u>higher visibility</u> and set up <u>pont-of-sale displays.</u>

7 0
3 years ago
The net income or net loss is calculated on the
Ber [7]
The net income or net loss is calculated on the statement of owner’s equity.
4 0
3 years ago
Assume Fiona is willing to pay $8 for a pizza cutter. Tim also wants one, but is only willing to pay $6 for one. At a pizza bake
Delicious77 [7]

Answer

The question is incomplete; assuming that the market price is $5.

The answer will be consumer surplus decreases.

Explanation:

Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good  and the price they actually pay.      

7 0
4 years ago
Other questions:
  • "Bourne Incorporated reports a cash balance at the end of the month of $2,620. A comparison of the company's cash records with t
    7·1 answer
  • Canglon, Inc., issues 10%, 5-year bonds with a face value of $150,000 when the effective rate is 12%. Interest is to be paid sem
    10·2 answers
  • When tax revenue exceeds government spending​ (government purchases and transfer​ payments) there is ▼ a budget surplus dissavin
    14·1 answer
  • A development planning system primarily focuses on developing knowledge sharing networks to help trainers and managers reach emp
    15·1 answer
  • A fancy steak house in a shopping mall offers a 20 percent discount to employees of other stores in the mall, provided that they
    6·1 answer
  • The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $
    5·1 answer
  • Which of the following are advantages of working for a for-profit healthcare facility? Check all of the boxes that apply.
    13·1 answer
  • 1) In the TOPCASH model, Analytics considerations include:
    8·1 answer
  • The common characteristic possessed by all assets is:_________.
    8·1 answer
  • Proof-of-Blank______ is a requirement to define an expensive computer calculation, also called mining, that needs to be performe
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!