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hskennedy hskennedy
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6 years ago
Casey Walker borrowed 18,000 at 12 ordinary interest for 180 days. After 80 days, Casey made a partial payment of 10,000. What is the new maturity value of the loan? (Round to the nearest cent)

Q. 2

A mutual fund has total assets of 39,333,444 and liabilities of 6,753,789. If there are 11,521,000 shares outstanding, what is the net asset value of the fund?
 A) 3.02
  B) 3.85
  C) 2.83
  D) 2.16

Q. 3

Find the amount of the principal on a loan at 6 interest for 140 days if the interest was 253.15, using the exact interest method. (Round to the nearest whole dollar amount)

Q. 4

A mutual fund has total assets of 60,500,005 and liabilities of 7,987,654. If there are 10,123,456 shares outstanding, what is the net asset value of the fund?
 A) 4.60
  B) 5.70
  C) 5.19
  D) 5.00
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ginalynnginalynn
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#1
6 years ago
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hskennedy Author
wrote...
#2
6 years ago
All are correct
wrote...
#3
6 years ago
Happy to help
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