Question

Complete the table below.

Joe Investor created the following table to determine the asset value per share and the number of shares purchased (to the nearest hundredth) given different loading charges for a $5,000 investment. (Some of the numbers below will be used more than once.)
A (in millions)
B (in millions)
C
D
E
F
G
Total Market Value
Total Shares Issued
Value Per Share
Amount Invested
Charge
D minus E
Shares Purchased
$37
3
$
$5,000
$350
$

$26
2
$
$5,000
$350
$

$21
2
$
$5,000
$350
$

$10
1
$
$5,000
$400
$

$120
20
$
$5,000
$400
$

$16
2
$
$5,000
$400
$

$85
20
$
$5,000
none
$

$42
4
$
$5,000
none
$

$23
2
$
$5,000
$375
$

$17
2
$
$5,000
$375
$

Answer 1

This is to finish the first answer on this question. I do not have enough time to retype everything from above! Collum G starting at the top going down: 377.13, 357.69, 442.86, 460.00, 766.67, 575.00, 1,176.47, 476.19, 402.17 and 544.12

Hope this helps!!

Explanation:

Answer 2

Here's what I got.

Column C, starting from the top and going down: $12.33, $13.00, $10.50, $10.00, $6.00, $8.00, $4.25, $10.50, $11.50, and $8.50

Column F, Starting from the top and going down: $4,650, $4,650, $4,650, $4,600, $4,600, $4,600, $5,000, $5,000, $4,625, and $4,625.

I don't really understand column G yet, so that's all I have. Hope it helped a little bit.