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Juan inherited $9280 from his grandma and is planning to invest in a mutual fund called John Handcock Classic Value Fund. The current price per share of this fund is $23.20. How…

Juan inherited $9280 from his grandma and is planning to invest in a mutual fund called John Handcock Classic Value Fund. The current price per share of this fund is $23.20. How…
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Juan inherited $9280 from his grandma and is planning to invest in a mutual fund called John Handcock Classic Value Fund. The current price per share of this fund is $23.20. How many shares of this fund can he purchase?

asked
User DieGraueEminenz
by
8.8k points

1 Answer

6 votes

Answer:

$400

Explanation:

$9820 divide by $23.20 = $400

Hope this helps C:

answered
User Riku
by
8.0k points
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