Quantitative reasoning
Suppose a man invested $300 at the end of 1900 in each of thrae funds that tracked the averages of stocks, bonds, and cash, respectively. Assuming that his investments arew at the rates diven in the table to the right. approximatelv how much would each investment have been worth at the end of 2010?
Category Average annual return:
Stocks: 6.7%
Bonds: 1.8%
Cash: 0.7%
His investment in the fund tracking stocks would be worth approximately $__
Don't round til the final answer then round to two decimal places as needed
This is a 3 part question :( please help!
21
Answer
Answers can only be viewed under the following conditions:
- The questioner was satisfied with and accepted the answer, or
- The answer was evaluated as being 100% correct by the judge.
3.6K
The answer is accepted.
Join Matchmaticians Affiliate Marketing
Program to earn up to a 50% commission on every question that your affiliated users ask or answer.
- answered
- 885 views
- $3.00
Related Questions
- Probabilty question
- Quantile function of CDF
- Trajectory detection in noise - the probability of at least one random point being within epsilon distance of the trajectory?
- Number of different drinks that can be made using 6 ingredients
- Stochastic Analysis question
- Question about sample size calculation for a single arm long term follow-up study
- Determine which one of the following statements is true and explain why
- Choosing the right statistical tests and how to organize the data accourdingly (student research project)
Bounty is way too low