Answer:
(8x1/2)1/3
Step-by-step explanation:
i took the quiz
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.
1. -3
2. 28
3. 88
4. -5
5. -28
Answer:
It will be worth 16k in 10 years
Step-by-step explanation:
divide 20k by 100
1% = 200 dollars
200 x 8 gives you 1.6k
1.6k x 10 = 16k