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book College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco cover

College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco

النسخة 3الرقم المعياري الدولي: 032157060X
book College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco cover

College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco

النسخة 3الرقم المعياري الدولي: 032157060X
تمرين 50
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الخطوة 1 من2

Assume that a woman invests $x in the mutual fund that averages 10% per year.

Since, she invests only in two mutual funds, she invests remaining amount in another mutual fund. That is, she invests     <div class=answer> Assume that a woman invests $<i>x</i> in the mutual fund that averages 10% per year. Since, she invests only in two mutual funds, she invests remaining amount in another mutual fund. That is, she invests   in the mutual fund that averages 14%. The average annual return on the two mutual fund is $5720. The annual return on the mutual funds can be calculated as follows:   Calculate <i>x</i> as follows:   Thus, the investment in 10% mutual fund is $36000. in the mutual fund that averages 14%.

The average annual return on the two mutual fund is $5720.

The annual return on the mutual funds can be calculated as follows:

    <div class=answer> Assume that a woman invests $<i>x</i> in the mutual fund that averages 10% per year. Since, she invests only in two mutual funds, she invests remaining amount in another mutual fund. That is, she invests   in the mutual fund that averages 14%. The average annual return on the two mutual fund is $5720. The annual return on the mutual funds can be calculated as follows:   Calculate <i>x</i> as follows:   Thus, the investment in 10% mutual fund is $36000.

Calculate x as follows:

    <div class=answer> Assume that a woman invests $<i>x</i> in the mutual fund that averages 10% per year. Since, she invests only in two mutual funds, she invests remaining amount in another mutual fund. That is, she invests   in the mutual fund that averages 14%. The average annual return on the two mutual fund is $5720. The annual return on the mutual funds can be calculated as follows:   Calculate <i>x</i> as follows:   Thus, the investment in 10% mutual fund is $36000.

Thus, the investment in 10% mutual fund is $36000.


الخطوة 2 من 2

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College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
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