Algebra

posted by .

The value, V< of Juan's investment portfolio can be modeled by the equation V=16t^2-256t+16,000. When will Juan's investment portfolio be worth $16.576.00?

  • Algebra -

    I think you wrote the last number wrong

  • Algebra -

    but, making a reasonable assumption, just solve
    16t^2+256t+16000 = 16576
    t = 2

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Finance

    Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal probabilities of 0.5. The alternative risk-free investment in T-bills pays 6 percent per year. a) If you …
  2. Investments/Portfolio Mgt

    How would the following be solved... Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $50,000 or $150,000, with equal probabilities of 0.5. The alternative riskless investment in T-bills …
  3. investing

    You hold a diversified portfolio consisting of a $5 000 investment in each of 20 different common stocks. The portfolio beta is equal to 1.12. You have decided to sell a lead mining stock (b=1.0) at $5 000 net and use the proceeds …
  4. investing

    You have a $ 2 million portfolio consisting of $100,000 investment in each of 20 different stocks. The portfolio has a beta of 1.1. You are considering selling $100,000 worth one stock with a beta of 0.9 and using the proceeds to purchase …
  5. Financial Management

    You have a $2 million portfolio consisting of a $100,000 investment in each of 20 different stocks. The portfolio has a beta of 1.1. You are considering selling $100,000 worth of one stock with a beta of 0.9 and using the proceeds …
  6. FINANCIAL ACCOUNTING

    A portfolio manager is managing a $10 million portfolio. Currently the portfolio is invested in the following manner: Investment Dollar Amount Invested Beta Electric Utility $2 million 0.6 Cable Company $3 million 0.8 Real Estate Development …
  7. Finance

    You hold a diversified portfolio consisting of a $10,000 investment in each of 15 different common stocks (i.e., your total investment is $150,000). The portfolio beta is equal to 1.1 . You have decided to sell one of your stocks which …
  8. 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.
  9. 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.
  10. 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.

More Similar Questions