DavidNeedsHelp7632 DavidNeedsHelp7632
  • 23-07-2017
  • Business
contestada

Tiffany scott puts $10,000 into a load mutual fund. she knows that her up-front sales commission is 6%. how much of her money actually goes to buy shares in the mutual fund?

Respuesta :

W0lf93
W0lf93 W0lf93
  • 01-08-2017
If the upfront sales commission is 6%, then $9,400 will go to actually buy shares. This is because 6% of $10,000 is $600. Thus, to find the answer, you must subtract $600 from the initial amount, $10,000. Thus, $10,000 - $600 = $9,400. So, there is $9,400 left over to buy shares in the mutual fund.
Answer Link

Otras preguntas

lol Which of the following statements would show that a text is persuasive? Select two answers. A. Humans have existed on the planet for thousands of years.
13) Find the value of x. 96 5 127°
What relationship do you think is shown in the graph below ?
What number divided by 4 equals 6? Type the correct answer, then press Enter.
what's the value of given expression[tex] \sqrt{41 - 5} [/tex]​
A store employee notices that sets of golf clubs that cost her store $400 are being sold for $860. What percentage is the mark-up? Write your answer using a per
Can someone help me with these?
please help asap!! Answer this using a graphing method please!
the different generation of computer explain in breif?​
explain one event from the cold war?