Posted by **JoyW** on Monday, August 6, 2012 at 2:59pm.

Angela's aunt put aside $15,000 for her MBA graduation present on March 31, 2001. As an incentive, the aunt invested the funds in Italy, Australia, and China at 3% per year. The funds were divided equally with $5,000 converted to each local currency on March 31, 2001. When Angela graduates in May 2012, her aunt will allow her to use the funds in each country for a vacation. What is the U S dollar equivalent of the money today?

## Answer This Question

## Related Questions

- Finance - . Mr. Kane recently borrowed $15,000 from his Aunt Jemima, and he has ...
- Finance - 1. Mr. Kane recently borrowed $15,000 from his Aunt Jemima, and he has...
- Math - A total of 10,000 is invested into two funds paying 7.5% and 9% simple ...
- Algebra investment - An investor had a total of 25,000 put into a portfolio of ...
- Personal finance - Investing in which of the following funds will give you the ...
- statistics - {Exercise 3.55} Morningstar tracks the total return for a large ...
- Economics - You are considering quitting work for two years to earn an MBA. Your...
- FInance - Assume that you have $10,000 which you plan to invest for 3 years. How...
- Math - formulate but do not solve the linear programming problem. Tracy has at ...
- college math HELP!!!!! - Sharon has a total of $190,000 to invest in three types...

More Related Questions