You invest $4,500 in a money market fund at the beginning of the year. The fund's assets appreciate by 4.4% over the year. How many shares of the fund do you own at the end of the year?
A) 4,300.00 shares
B) 4,437.60 shares
C) 4,529.60 shares
D) 4,682.40 shares
E) 4,698.00 shares
Correct Answer:
Verified
Q93: Western States Mutual Fund sold $89.5 million
Q94: Alex invested $10,000 in a mutual fund
Q95: A mutual fund has a current offering
Q96: Six years ago, you purchased 210.20 shares
Q97: A tax-exempt money market fund has an
Q99: One year ago, you invested $7,000 in
Q100: A taxable money market fund has an
Q101: Four months ago, Dave purchased 600 shares
Q102: The market value of the assets of
Q103: Clark purchased 227 shares of a mutual
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents