Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Francesca withdrew $12,000 from B shares that she owned in the Aready Been Counted mutual fund within one year of her purchase. If she must

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Francesca withdrew $12,000 from B shares that she owned in the Aready Been Counted mutual fund within one year of her purchase. If she must pay a 2.4 percent contingent deferred sales fee, what amount will she actually receive? $12.000 $288 $12,438 511,712 $12,288 What is the APY for a one-year $5,600 certificate of deposit with $1,008 interest? (Round your answer to 2 decimais.) 10.08% 9.00% 11.72% 14,40% 18.00% Assume that you purchase a $1,200 bond issued by Harley-Davidson that pays 4 percent interest each year, paid every 6 months. What is the amount of each interest payment? (Round your answer to 2 decimal places.) 548.00 (B) $1,200.00 $24.00 52.40 54.80 Given the following information, calculate the current ratio:(Round your answer to 2 decimal places.) Liquid assets =$5,500 Monthly credit payments =$950 Monthly savings =$850 Net worth =$77,000 Current liabilities =$1,900 Take-home pay =$2,600 Gross income =$4,400 Monthly expenses =$2,640 35.71 (B) 2.89 2.08 36,54 19.32

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Budget Bible Budgeting Made Simple

Authors: Jessica Charise Brant, Adrienne Homet Hand

ISBN: 979-8218059880

More Books

Students also viewed these Accounting questions

Question

What is the relationship between humans and nature?

Answered: 1 week ago