answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Greeley [361]
2 years ago
9

An investor purchased a mutual fund through his broker. The broker charged him a fee of 3.75% of the amount of the fund. Which t

ype of fee
has the broker charged?

A

trade commission

B.

front-end load

C.

expense ratio

D. back-end load

E.

advisory fee
English
2 answers:
yulyashka [42]2 years ago
7 0

Answer:

a. trade commission

Explanation:

"An investor purchased a mutual fund through his broker.The broker charged him a fee of 3.75% of the amount of the fund. Which type of fee has the broker charged?"

The statements in bold provide you with information on the nature of this transaction. By definition a broker is an individual or firm that charges a fee  or commission for executing buy and sell orders submitted by an investor

In this case the answer is (a): trade commission:

Trade commission is a form of payment to a brokerage in which the brokerage receives a percentage of the value of each transaction that a client orders. Commissions can be seen as advantageous to a client because if the client doesn't make orders, then they do not have to pay a broker.

serious [3.7K]2 years ago
5 0

Answer:

B. Front-end load

Explanation:

Plato :)

You might be interested in
Identify the type of conflict Odysseus experiences in each example from the epic. A storm pushes Odysseus to the island of the L
sammy [17]
100% sure character vs nature 
character vs character 
character vs self
6 0
2 years ago
Read 2 more answers
What social commentary does Mark Twain make in “The £1,000,000 Bank-Note”? Include examples from the text to support your answer
sertanlavr [38]
In “The £1,000,000 Bank-Note,” Twain uses satire to highlight the power of money and its influence on the behavior of people from all classes of nineteenth-century English society. The earliest examples of satire in the text are when Henry meets the owners of the eating house and the tailor shop. Both owners regard Henry as an upper-class gentleman and allow him to make purchases on credit based on his perceived status. In fact, when Henry warns the proprietor of the tailor shop that he may have to wait an indefinite amount of time for his dues to be paid, the proprietor doesn’t seem concerned at all. He says, “Indefinitely! It’s a weak word, sir, a weak word. Eternally—that’s the word, sir.” The proprietor’s use of the word eternallystresses his willingness to allow Henry to make purchases on credit. Other shop owners also accept that Henry is rich, providing him with both necessities and luxuries on credit alone. If any of the proprietors had known about Henry’s true financial condition, they wouldn’t have allowed him any amount of credit; however, they still gave him whatever he wanted or needed because they believed his million-pound note meant he was someone of class and wealth.
Twain further satirizes the importance the English placed on money in the nineteenth century when he shows how much respect Henry has garnered across London. When Henry hears about his friend Lloyd’s financial troubles, he tells Lloyd to use the reputation of Henry’s name to help sell Lloyd’s mine. Henry says, “I know all about that mine, of course; I know its immense value, and can swear to it if anybody wishes it. You shall sell out inside of the fortnight for three million cash, using my name freely, and we'll divide, share and share alike.” Less than a day later, all of London is talking about the mine that Henry is vouching for. Finally, “when the month was up at last,” the mine was purchased, and Henry and Lloyd had a million dollars each. Because Lloyd had used Henry’s name to sell the mine, no one questioned that the mine was valuable. Henry’s reputation is so secure at this point in the story that he now has the power to actually affect London society. Although he started out poor and hungry, Henry has not only been able to gain the appearance of wealth and status by simply showing his million-pound note, but he’s also been able to achieve some amount of real power. Twain’s satire shows how ridiculous and dangerous it can be to trust someone based solely on money—or, in this case, on the appearance of having money. Instead of judging Henry on real qualities, such as kindness, honesty, or wisdom, London society chooses to judge him based on what they think he has: money and, subsequently, class.
3 0
2 years ago
Why does maintaining internal skills become more
tino4ka555 [31]

Answer:

a

Explanation:

cause its right

3 0
2 years ago
Read 2 more answers
Read the excerpt from a concluding paragraph and answer the following questions. The tale of "Cinderella" is literally a rags-to
frez [133]
1. The correct answer is True.
2. The correct answer is the fourth option - move beyond a literary topic into other consequences.

The excerpt strays away from the Cinderella story itself and leans more towards the consequences and downsides. 
8 0
2 years ago
For every atom belonging to me as good belongs to you. What is the effect of the word “atom” in this line and later in the poem?
coldgirl [10]
<span>It emphasizes the narrator's belief that every parcel of the Earth belongs to everyone.</span>
5 0
2 years ago
Read 2 more answers
Other questions:
  • During sixteen long months this assault has blotted out the whole pattern of democratic life in an appalling number of independe
    10·2 answers
  • This question is based on the following passage. I was in the National Forest with my camera. The day was crisp, and the leaves
    5·2 answers
  • What kinds of activities impress young Twain during the steamboat’s brief stop in Hannibal? 
    9·2 answers
  • The descriptive language presents a visual image of a room that is .
    15·2 answers
  • Which numbers on the numeric keypad function as the navigation keys home and end
    10·1 answer
  • Which textual evidence best supports the conclusion
    6·1 answer
  • Jacob is creating a page layout. He wants to associate the picture of an eagle in the page with a box of text describing birds w
    11·1 answer
  • The teacher tried to impress —- us the need is good habits. What’s the word to fill in the blank space?
    14·1 answer
  • Does the Pygmalion story have any modern applications? explain your answer. Based on commonlit story “Pygmalion”
    6·1 answer
  • Q 2. You mention to one of your neighbours that you have studied how to build good and beneficial relationships using some simpl
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!