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22 November, 20:44

Alana invests $5,000 in a mutual fund with a net asset value of $3.35 per share. If the loading rate is 3%, how much is the loading charge

A. $800

B. $150

C. $1,667

D. $500

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Answers (1)
  1. 22 November, 21:38
    0
    B. 150

    Step-by-step explanation:

    5,000*0.03 = 150
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