Number of results: 61,857

**accounting**

a mutual fund has total assets of $57000000 and liabilities of $ 8550000. if 15960000 shares are outstanding, what is the net asset value of the fund?

*February 23, 2011 by lisa*

**math for business**

A mutual fund has a total assets of $46,000000 and liabilities $3,760,000. If 850,000 are outstanding, what is the net asset value of the fund?

*February 3, 2014 by Chudy*

**personal finance**

Which of the following statements is FALSE: A) Individual investors should be involved in choosing a mutual fund because they know how the objective of a mutual fund match their own investement objectives B)Professional fund managers do make mistakes C)Although investing in ...

*March 18, 2010 by vedrana*

**Finance**

On August 1, 2005 you invested $3,000 into a mutual fund. You then invested $1,000 into that same mutual fund on the first day of August for each of the years 2006 through 2013. You averaged a 7.25% annual rate of return on your investment in this mutual fund. What is the ...

*September 20, 2013 by Angie*

**Personal Finance**

3. Highest performing mutual fund (averaged more than 20%) this year. Mutual fund -- Type -- Return 5. Lowest performing mutual fund for the past ten years. Mutual fund; Frontier Mocrocop Tyoe -- Return -7% 6. Highest money market rate. Money market -- Rate -- Min. Investment --

*February 18, 2014 by Anonymous*

**Statistics**

You have received a year-end bonus of $5000. You decide to invest the money in the stock market and have narrowed your investment options down to two mutual funds. the following data represent the historical quarterly rates of return of each mutual fund for the past 20 ...

*January 28, 2013 by Maree*

**mat/116**

Please help me slove this question. An investor invested a total of $3,200 in tow mutual funds. One fund earned 5% profit while the other earned a 2% profit. If the invesor's total profit was $103, how much was invested in each mutual fund? Tne amount invested in the mutual ...

*February 24, 2013 by Sade C*

**Business Finance**

I came up with 4.80 per share for the question. A mutual fund has total assets of $57,000,000 and liablities of $8,550,000. If $15,960,000 shares outstanding, what is the net asset value of the fund? Please check my answer.

*January 20, 2012 by Terry*

**MATH**

Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer price of $3 per share. She later sold the shares at a net asset value of $4.60 per share.During the time Mrs. Butler owned the shares, Stairwell Mutual Fund paid a dividend of $0.80 per share.What is Mrs. ...

*June 18, 2008 by Francine*

**algebra**

an investor invested a total of 1,600 in 2 mutual funds.One fund earned a 6% profit while the other earned a 2% profit. If the investors profit was $56, how much was invested in each mutual fund. amount invested in mutual fund that earned 6% was___ amount invested in fund that...

*March 30, 2012 by scott*

**Statistics - Probability**

A mutual fund company has six funds that invest in the U.S. market and four funds that invest in foreign markets. An investor wishes to create a mutual fund portfolio composed of two U.S. funds and two foreign funds. Unknown to this investor, one of the U.S. funds and one of ...

*April 8, 2012 by Esther*

**algebra**

An investor invested a total of $500 in two mutual funds. One fund earned a 8% profit while the other earned a 4% profit. If the investor's total profit was $32, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 8% was? The amount ...

*November 16, 2012 by Samantha*

**algebra**

An investor invested a total of $2,600 in two mutual funds. One fund earned a 5% profit while the other earned a 3% profit. If the investor's total profit was $98, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 5% was $ ? The ...

*November 18, 2012 by Samantha*

**MATH FOR LIBERAL ARTS**

Maria just inherited $10,000. Her bank has a savings account that pays 4.2% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 12%; during the second year, it ...

*June 21, 2010 by CARMEN*

**math 141**

Maria just inherited $10,000. Her bank has a savings account that pays 4.1% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 11%; during the second year, it ...

*January 30, 2011 by puzzled*

**Finance**

Which of the following is true about hedge funds? A) They are heavily regulated B) Hedge fund investments are more liquid than mutual fund investments C) Most of the hedge fund managers receive very poor compensation D) The major portion of hedge fund's fees is based on ...

*February 25, 2012 by Stephanie*

**mah**

A mutual fund had total asses of $ 57,000,000 and of $8,550,000. if 15,960,000 shares are oustanding,what is the net asset value of he fund?

*August 28, 2012 by no name*

**Personal Finance**

4. Mutual fund that averaged 12% for the past five years. 5. Lowest performing mutual fund for the past ten years. 6. Highest money market rate

*February 18, 2014 by Anonymous*

**Algebra**

An investor invested a total of $1,900 in two mutual funds. One fund earned a 9% profit while the other earned a 5% profit. If the investor's total profit was $143, how much was invested in each mutual fund? The amount ...

*May 30, 2015 by Hen*

**math**

A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock with an estimated return of 12% and a mutual fund with an estimated return of 6%. The estimate risk index for the international fund is 9 while the ...

*November 15, 2012 by Anonymous*

**Math**

A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock with an estimated return of 12% and a mutual fund with an estimated return of 6%. The estimated risk index for the international fund is 9 while the ...

*September 17, 2011 by Nica*

**Algebra investment**

An investor had a total of 25,000 put into a portfolio of stocks, bonds, and mutual funds. In one year, he earned 8% on the stock investment, 10% on the bond investment and 6% on the mutual funds investment. The annual(simple interest) return was $1860. if the amount invested ...

*April 6, 2011 by Maka*

**algebra 114**

an investor invested $800 in two mutual funds. One fund earned 7% and the other earned 3% profit. If the total profit was $48, how much was invested in each mutual fund.

*September 30, 2012 by debra*

**math investments**

I am unsure how to figure out this question please explian Mr Jones bought 1,8000 shares of Hampstead Mutual Fund at an offer price of $3 per share He later sold the shares at a net asset value of $4.60 per share During this time Mr Smith owned the shares, Hampstead Mutual ...

*January 10, 2008 by jameasen*

**finanical**

2. Open-end Fund A has 165 shares of ATT valued at $25 each and 50 shares of Toro valued at $45 each. Close-end Fund B as 75 shares at ATT and 100 shares of Toro. Both funds have 1,000 shares outstanding. (G 17-4) a. What is the NAV of each fund using these prices? b. Assume ...

*December 19, 2012 by Sandra*

**Finanical**

1. An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital gain of $2, and charges a fee of $2 when the fund is sold one year later for $52.50. What is the net rate of return from this investment?

*December 18, 2012 by Sandra*

**math urgent please help**

Mrs Buttler bought 1,800 shares of Stairwell Mutual Fund At an offer price of $3.00 per share. She later sold the shares at a net asset value of $4.60m per share. During the time Mrs Buttler owned the shares, Stairwell Mutual paid adividend of $0.80 per share. What is Mrs ...

*November 9, 2007 by Anonymous*

**Finanical**

4. An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a capital gain of $4, and charges a fee of $2 when the fund is sold one year later for $105. What is the net rate of return from this investment?

*December 19, 2012 by sandy*

**Finance**

Open-end Fund A has 100 shares of ATT valued at $100 each and 50 shares of Toro valued at $50 each. Closed-end Fund B has 75 shares of ATT and 100 shares of Toro. Both funds have 100 shares outstanding a. What is the NAV of each fund using these prices? b. Assume that another ...

*January 16, 2009 by Susan*

**math**

Djer invests $5000 each year into a mutual fund earning 6.15% compounded annually. After 8 years he stops making payments, but leaves the funds invested for an additional 4 years. a) What is the value of the fund at the end of 8 years? $ b) What is the value of the fund after ...

*September 22, 2010 by ms guzman*

**Mat/116**

An investor invested $3,400 in two mutual funds.One fund earned a 6%profit while the other earned a 3% profit. If the investor's total profit was $144,how much was invested in each mutual fund?

*July 21, 2012 by Lori*

**Algebra**

An investor invested a total of 2900 in two mutual funds. One fund earned a 9% profit the other earned a 5% profit. If the investors total profit was $217 how much was invested in each mutual fund.

*November 4, 2012 by Alisha*

**Algebra**

An investor invested a total of 2900 in two mutual funds. One fund earned a 9% profit the other earned a 5% profit. If the investors total profit was $217 how much was invested in each mutual fund.

*November 4, 2012 by Alisha*

**math**

Your invest $3,000 annually in a mutual fund that earns 10 percent annually and you invest all distributors. How much will you have in the account at the end of 20 years? You invest $3,000 annually in a mutual fund with a 5 percent load fee so that only $2,850 is actually ...

*May 18, 2014 by Skyler*

**Math**

Henry invests $5,000 in a mutual fund with an annual interest rate of 7.5%. He also has a 4-yr, $10,000 loan at 3.75%. When will the amount of interest earned on the mutual fund be equal to the amount of interest paid on the loan?

*May 23, 2011 by Branson*

**Algebra**

An investor invested a total of 1,400 in two mutual funds. One fund earned a 8% profit while the other earned a 3% profit. if the investor's profit was $67, how much was invested in each mutual fund?

*February 10, 2013 by tootles*

**business**

wall street journal provides the net asset value, the year to date percent return, and the three year percent return for 555 mutual funds will be selected for a follow up study on the size and performance of mutual funds. Use the forth column of the randon numbers in Table 7.1...

*October 29, 2013 by Anonymous*

**Personal Finance**

Jarell Tarver invested $20,000 in the Boyd Kern Mutual Fund (Type A). The net asset value is $21.34 per share. The fund is front-loaded with a loading rate of 5.25%. What is the loading charge?

*February 18, 2016 by Rudy*

**Algebra**

An investor invested a total of $2000 in two mutual funds. One fund earned 9% profit while the other earned a 6% profit. If the investor's total profit was $129, how much was invested in each mutual fund?

*September 28, 2012 by Nixie*

**math**

an investor invested a total of $2,900 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $108, how much was invested in each mutual fund?

*December 1, 2012 by sarah evans*

**MAT116**

An investor invested a total of $3,400 in two mutual funds. One fund earned 8% profit while the other earned a 3% profit. If the investor's total profit was $202, how much was invested in each mutual fund?

*March 1, 2013 by Anonymous*

**Math**

At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a mutual fund that pays 6.9% interest compounded monthly. From then on she ...

*November 7, 2010 by dana*

**Algebra**

An investor invested a total of $1400 in two mutual funds. One fund earned a 6% profit while the other earned a 2% profit. If the investor's total profit was $72, how much was invested in each mutual fund?

*September 30, 2012 by BriAnne*

**Math**

an investor invested a total of $3,100 in two mutual funds. One fund earned a 8% profit where the other earned 5% profit. If the investor's total profit was $209, how much was invested in each mutual fund?

*January 30, 2013 by Ang*

**Algebra**

An investor invested a total of $1900 in two mutual funds. One fund earned a 6% profit while the other earned a 2% profit. If the investor's total profit was $94, how much was invested in each mutual fund?

*March 25, 2016 by Anon*

**Statistics/probability**

You are considering two mutual funds for your investment. The possible returns for the funds are dependent on the state of the economy and are given in the accompanying table. State of the Economy Fund A Fund B Good 20% 40% Fair 10% 20% Poor -10% -40% You believe that the ...

*September 13, 2015 by Eric*

**General Education Statistics | MAT112**

There are many ways people can invest their money. In mutual funds, the investor buys shares in a fund that buys investment instruments for the investor, commonly stocks, bonds, or fixed instrument investments. Investment fund managers commonly advertise their success in ...

*July 30, 2011 by Tanya*

**Math**

You are considering two mutual funds for your investment. The possible returns for the funds are dependent on the state of the economy and are given in the accompanying table. State of the Economy | Fund A | Fund B Good | 20% | 40% Fair | 10% | 20% Poor | -10% | -40% You ...

*May 24, 2015 by Will*

**Finance**

Your 401 (k) Account at East Coast Yachts You have been at your job for East Coat Yachts for a week now and have decided you need to sign up for the company’s 401(k) plan. Even after your decision with Sarah Brown, the Bledsoe Financial Services Representative, you are still...

*October 23, 2010 by Kelly*

**math net asset value**

Please check my answer thanks :) The net asset value of a mutual fund having total assets of $57,000,000 and liabilites of $8,550,00 There are $15,960,000 worth of outsatnding shares my answer is the net value is $4.80 per share

*November 14, 2007 by Anonymous*

**math**

Suppose that the investor of problem 14 bought 100 shares of the Geo Fund at $70 per share and that, for the sake of simplicity, we only consider the returns the fund earns and automatically reinvests at the rate of 2% per month. Find a. the beginning value of the fund.

*February 13, 2012 by Anonymous*

**business**

1 for a large company stock/mutual fund would you expect the betas to be positive or negative for each of he factores in a fama french multifactor model? 2 What do you observe abouth the bata coefficients for the different mutual funds? comment on any similarities or ...

*February 17, 2013 by Ann*

**story**

Investment reports often include correlations. Following a table of correlations among mutual funds , a reports add," Two funds can have perfect correlation, yet differnet levels of risk. For example, Funda A and Fund B may be perfectly correlated, yet fund A moves 20% ...

*September 5, 2012 by ami*

**MSIS Management Science Methods**

How can I set this question up in Lindo? Client has 800,000 that must be invested in 3 funds. 20 to 40% invested in growth fund, 20 to 50% in income fund and at least 30% in money market fund. Client has a max risk index of 0.05. Risk indicators - growth fund is 0.10, income ...

*March 10, 2007 by Susan*

**algebra**

An investor invested a total of $2200 in two mutual funds. One earned 5% profit while the other earned a 3% profit. If the investor's total profit was $86, how much was invested in each mutual fund?

*April 5, 2013 by monique*

**Linear Programming Investment Strategy**

How can I set this question up? Client has 800,000 that must be invested in 3 funds. 20 to 40% invested in growth fund, 20 to 50% in income fund and at least 30% in money market fund. Client has a max risk index of 0.05. Risk indicators - growth fund is 0.10, income fund is 0....

*November 11, 2006 by Bryan*

**algebra**

an investor invested a total of 1,100 in two mutual funds. One fund earned a 5% profit while the other earned a 2% profit. If the investor's total profit was 49.00 how much invested in each fund?

*January 17, 2013 by Sandy*

**Linear Programming**

I need help formulating a LP model to solve this question. "An investment company helps a client with 300,000 dollars to invest into 3 funds. At least 10% must be invested in a Growth and Income fund and at least 20% must be invested in a money market fund. The client has a ...

*November 5, 2006 by Andy*

**statistics**

{Exercise 3.55} Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds (Morningstar Funds500, 2008). a. Using the number of funds as weights, compute the ...

*October 16, 2011 by abdull*

**Probabability**

You are given monthly annualized total return data for two mutual funds, A and B. Using linear regression, develop a relationship which gives the annualized return of fund B as a function of the return of fund A. What is the coefficient of determination of this relationship? ...

*March 4, 2010 by Jon*

**Math**

Deborah inherited a large sum of money; she wants to use a portion of this money to set up a trust fund for her two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. The projected returns over the life of the investments are 6% for the ...

*June 23, 2009 by Nukdog*

**math**

William recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment options: (1) a bond fund and (2) a stock fund. The projected returns over the life of the investments are 3% ...

*February 15, 2016 by Tom*

**statistics**

We are studying mutual bond funds for the purpose of investing in several funds. For this particular study, we want to focus on the assets of a fund and its five-year performance. The question is: Can the five-year rate of return be estimated based on the assets of the fund? ...

*November 19, 2010 by Anonymous*

**Statistics**

You own shares of Fidelity Magellan Fund (FMF), which concentrates on stocks of large American companies. Its monthly return is μFMF = 1.4% and sFMF = 4.70%. You decided to diversify your portfolio by adding shares of the Fidelity Japan Fund (FJF), which has monthly ...

*October 8, 2014 by Ashley*

**math**

Which of the following would be the safest investment, where there is NO chance of losing your money? A. savings account B. mutual fund C. municipal bond D. low risk stock I think it is A.

*January 9, 2012 by anonymous*

**cis 115**

Jim is a financial analyst with many large investment clients. Each year Jim identifies ten different mutual funds that he shares with his clients for investing. At the end of each year he keeps the funds that performed better than the ten-fund average and replaces the others ...

*February 16, 2013 by dddiii*

**Linear Programming Homework Problem**

An investment firm hired you to manage one of their new mutual funds. The fund invests in two main companies/stocks, Pittsburg Steel (X1) and IMB(X2). Pittsburg Steel is currently trading at $40.00 per share and IMB at $30.00 per share. Your goal is to maximize the return on ...

*October 15, 2014 by bobmarely23*

**Math**

How do I formulate this question to be solved in the POM-QM software? Deborah inherited a large sum of money; she wants to use a portion of this money to set up a trust fund for her two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. ...

*June 24, 2009 by Nukdog*

**Math**

A person invests $4500.oo into 2 different mutual funds. The first has a 4.5% interest rate the second 6%. He made a total of $225 in the investment. How much did he invest in each fund?

*February 7, 2013 by Skyler*

**Statistics/Probability**

So I tried solving the first one and apparently failed miserably, attempted both twice and got it wrong each time and I have one submission attempt left, so any help is definitely appreciated! 1. Hotels R Us has kept the following recordes concerning the number of guests in a ...

*May 20, 2014 by Randy*

**Statistics/Probability**

So I tried solving the first one and apparently failed miserably, attempted both twice and got it wrong each time and I have one submission attempt left, so any help is definitely appreciated! 1. Hotels R Us has kept the following recordes concerning the number of guests in a ...

*May 21, 2014 by Randy*

**business finance**

Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years

*February 11, 2013 by elh009*

**economics**

As an investor you are faced with two choices investing in a risky fund which has a return of 12% and a standard deviation of 20% and risk free asset which has a return of 6%. 1)As a risk averse investor, my objectives is to invest in a portfolio of a 15% risk.What would be ...

*November 14, 2006 by Tinu*

**theory of interest**

1.Two investments are made at the same time. The first consists of investing 1550 dollars at a nominal rate of interest of 7.9 percent convertible semiannually. The second consists of investing 1450 dollars at a nominal rate of interest of 7.9 percent convertible daily. How ...

*October 25, 2014 by ALBERT*

**math**

if you invest $7500 in a mutual fund at $34.53 per share, how much profit would you make if the price per share increases to $46.17?

*October 12, 2009 by Bob*

**math**

Justice wants to invest in a mutual fund for her retireme. If she expects to make 17% annually and wants to retire in 35 years, how much money must she invest per month to have 5 million dollars when she retires?

*March 19, 2012 by Salvador*

**fnite math**

Juan invested $24,000 in a mutual fund 5 years ago. Today his investment is worth $34,616. Find the effective annual rate of return on his investment over the 5-year period.

*July 28, 2013 by Brian*

**Finite Math**

Juan invested $24,000 in a mutual fund 5 years ago. Today his investment is worth $34,616. Find the effective annual rate of return on his investment over the 5-year period.

*January 6, 2015 by Shakina*

**Finite Math**

Juan invested $24,000 in a mutual fund 5 years ago. Today his investment is worth $34,616. Find the effective annual rate of return on his investment over the 5-year period.

*April 8, 2015 by Cydney*

**Economy/Finance**

Over the many sessions I have taught this course, I have seen many posts from FIN110 students saying that they rather take a cash dividend as opposed to a stock dividend. The rationale, I guess, is that if additional stocks are being given to the shareholder in lieu of cash, ...

*June 28, 2006 by Anonymous*

**math**

find the average return over the last ten years on a mutual fund . what investment account of 1,000 for 5,10,15,20,25,30,35 and 40 years compound quaretly. is there a point at which the investment appears to grow more quickly

*November 28, 2012 by Tonya*

**MATH 12**

Kalpna opened this portfolio 4 years ago. - A $8500 fund that earns 5.45%, compounded annually - Monthly deposits of $200 into an account earning 3%, compounded monthly a) What will be the portfolio's value in 30 years when Kalpna is ready to retire? b) What will be the ...

*February 20, 2014 by Anonymous*

**Stats**

G. Johnson recently inherited a large sum o money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. The projected returns over the life of the investments are 6% ...

*July 10, 2008 by Judy*

**maths**

Felicity has just commenced work and is investigating superannuation funds. She calculates that she will need $1 000 000 in her fund when she retires in 40 years. She finds a fund guaranteeing to pay interest on each deposit at a rate of 6% per annum compounded monthly. She ...

*June 13, 2016 by gscc*

**maths**

Felicity has just commenced work and is investigating superannuation funds. She calculates that she will need $1 000 000 in her fund when she retires in 40 years. She finds a fund guaranteeing to pay interest on each deposit at a rate of 6% per annum compounded monthly. She ...

*June 14, 2016 by gscc*

**finance**

A man deposit 24, 000 into a mutual fund that is expected to grow at a annual rate of 8%. What will be the rate of the investment be in 2 years 4 years 6 years 8 years

*May 4, 2016 by maureen*

**accounts**

A petty cash fund of $100 is replenished when the fund contains $5 in cash and receipts for $92. The entry to replenish the fund would

*November 28, 2010 by Anonymous*

**Finite Maths**

In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. How much must you invest each month in a mutual fund yielding 12.6% compounded monthly to become a millionaire in 10 years?

*January 16, 2016 by kevin James*

**math**

A money market fund pays 14% annual interest compounded daily. What is the value of $10,000 invested in this fund after 15 years?

*November 13, 2010 by Amanda*

**math**

a money market fund pays 14% annual interest compunded daily. What is the value of $10,000 invested in this fund after 15 yrs?

*April 17, 2011 by yenny*

**math**

Carlos invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 4% profit. How much did he invest in Fund B, if the total profit from the two funds ...

*March 24, 2014 by Kori*

**algebra**

Kevin invested his savings in two investment funds. The amount he invested in Fund A was $3000 less than the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 5% profit. How much did he invest in Fund A, if the total profit from the two funds ...

*June 1, 2015 by Sammy*

**Math**

John invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 8% profit. How much did he invest in Fund B, if the total profit from the two funds ...

*August 24, 2015 by Mariah*

**algebra**

Goran invested his savings in two investment funds. The amount he invested in fund A was$2000 less than the amount he invested in fund B. Fund A returned a 3% profit and fund B returned a 2% profit. How much did he invest in fund A, if the total profit from the two funds ...

*April 5, 2016 by Leah*

**maths**

A Fund Manager is going to invest $10,000,000. He is interested in CL3 Ltd and values CL3 Ltd using the dividend discount model (DDM). He gathers the following information: • CL3’s earnings are expected to grow 17% per year over the next three years before stabilizing at ...

*October 11, 2007 by Wong*

**calculus**

The proprietor of Carson Hardware Store has decided to set up a sinking fund for the purpose of purchasing a computer 2 yr from now. It is expected that the purchase will involve a sum of 40000 dollars. The fund grows at the rate of dA/dt= rA+P where A denotes the size of the ...

*April 25, 2012 by help please.*

**Quantitative method**

A client who contacted CWD this past week has a maximum of $50,000 to invest. CWD's has two investment funds. The projected return for internet fund is 12% and Blue chip 9%. The investment advisior requires that at most $35,000 of the client's funds should be invested in the ...

*March 19, 2015 by Kistra*

**Algebra**

Michael invested his savings in two investment funds. The amount he invested in Fund A was $2,000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 3% profit. How much did he invest in Fund A, if the total profit from the two funds ...

*March 19, 2011 by B*

**Finance**

In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. How much must you invest each month in a mutual fund yielding 13.5% compounded monthly to become a millionaire in 10 years? (Round ...

*November 15, 2014 by Needs Help*

**Finance**

The venture capital fund Techno Fund II made a $4 million investment in Optical Fibers Corporation five years ago and in return received 1 million shares representing 20 percent of Optical Fibers’ equity. Optical Fibers is now planning an initial public offering in which it ...

*March 14, 2011 by MOMO*