(1 point) Wilson invests 2800 dollars in a mutual fund on January 1. On May 1, his fund balance is 7000 dollars, and he

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

(1 point) Wilson invests 2800 dollars in a mutual fund on January 1. On May 1, his fund balance is 7000 dollars, and he

Post by answerhappygod »

1 Point Wilson Invests 2800 Dollars In A Mutual Fund On January 1 On May 1 His Fund Balance Is 7000 Dollars And He 1
1 Point Wilson Invests 2800 Dollars In A Mutual Fund On January 1 On May 1 His Fund Balance Is 7000 Dollars And He 1 (42.06 KiB) Viewed 48 times
(1 point) Wilson invests 2800 dollars in a mutual fund on January 1. On May 1, his fund balance is 7000 dollars, and he withdraws 1400 dollars. On the following January 1, his fund balance is 3600 dollars. What is Wilson's time-weighted rate of return? Answer = percent.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”