Given:
125,000 investment
net asset of the fund was $21.29 back loaded with a loading rate of 3.9%
125,000/21.29 = 5,871.30 shares.
Maya Frankie bought 5,871.30 shares of the Washington Robinson Mutual Fund (Type B.)
The 3.9% loading rate will only be applicable once Maya decides to sell her shares. This is what back loaded means.
Answer:
Step-by-step explanation:
you could create an equation which would be 288= 90 + 20(x)
x = the amount of days needed
answer would be 10 days
Using PEMDAS, we know that we must solve what’s in the perentheses first so: 25/5 + 7 - (4x3) = 25/5 + 7-12. Next, we simplify 25/5 because that is division so now it is 5+7-12. Now you add 7 to 5 to get 12 and then subtract 12 so your answer is now zero.
The answer for 6440/28 is 240.
You divide 71 by 9 to get 7 8/9
