Suppose that, one year ago, you invested $20,000 in mutual fund A and $10,000 in mutual fund
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The simple average of two rates of return is midway b...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
A year ago, you invested $10,000 in a saving account that pays an annual interest rate of 3%. What is your approximate annual real rate of return if the rate of inflation was 4% over the year?
-
One year ago, you purchased a rare Indian-head penny for $14,000. Because of the recession and the need to generate current income, you plan to sell the coin and invest in Treasury bills. The...
-
Assume that one year ago, the spot rate of the British pound was $1.70. One year ago, the one-year futures contract of the British pound exhibited a discount of 6%. At that time, you sold futures...
-
Three taxpayers each wish to make a BADR claim in relation to a qualifying disposal made during 2020-21. Their previous claims are as follows: (a) Gemma made a BADR claim in relation to a gain of...
-
1. Do you feel the Helms$8,000 liquid balance is adequate? Explain. 2. Explain the relative risks and potential advantages of CDs. Explain under what condition(s) you would recommend them for the...
-
A bottle-filling line uses a feeder screw mechanism, as shown in Figure AP6.4. The tachometer feedback is used to maintain accurate speed control. Determine and plot the range of K and p that permits...
-
Acetic acid is esterified in the liquid phase with ethanol at \(373.15 \mathrm{~K}\) and \(1 \mathrm{~atm}\) pressure to produce ethyl acetate and water according to the reaction \[ \mathrm{CH}_{3}...
-
1. Create a detail report that will display all Personal Trainer courses in alphabetical order, with the course name and the instructor name in a group header; the Social Security number, name, and...
-
Provide a summary of Kamille McKinney's case. Include details on the crime. The individuals involved, including background information How this case came to its conclusion The outcome of the parties...
-
What criteria must be fulfilled for an event to be recognized in the accounting records? Give two examples of events that would not be recognized.
-
Lien, the proprietor of a grocery store, prepares her Deluxe Nut Combo Mix by mixing various ingredients she buys in bulk. The second column of the following table shows the amount of each ingredient...
-
An investor accumulated 1800 shares of Microtel Corporation over a period of several months. She bought 1000 shares at $15.63, 500 shares at $19.00, and 300 shares at $21.75. What was her average...
-
Discuss (a) The similarities in accounting for profit-seeking and G&NP organizations, and (b) The unique aspects of accounting for G&NP organizations designed to help ensure compliance with budgeted...
-
Paul is a store manager who does not expect women to succeed in business. He therefore offers important, high-profile responsibilities only to men. If the female employees fail to move up in the...
-
Match the type of drug to an example of that type. i. narcotica pain reliever ii. amphetaminea strong stimulant iii. hallucinogencapable of producing hallucinations a. LSD b. heroin c. dexedrine, or...
-
What are the major obstacles to problem solving?
-
The emotional bond that develops between a child and its caregiver is known as __________.
-
What is sensation, and how do psychologists study it?
-
Emerald Corporation, a calendar year and accrual method taxpayer, provides the following information and asks you to prepare Schedule M1 for 2021: Net income per books (after-tax) Federal income tax...
-
Southwestern Punch was made by Frutayuda, Inc. and sold in 12-ounce cans to benefit victims of Hurricane Zero. The mean number of ounces placed in a can by an automatic fill pump is 11.7 with a...
-
Evaluate each of the following. 5[19 + (5 2 - 16) 2 ] 2
-
Round each of the following to four-figure accuracy. 0.5545454
-
Calculate dollar amounts accurate to the cent and percent amounts to three-figure accuracy. $1.25 is 3/4% of what amount?
-
Solve the initial value problem. dy =3e3t sin (e3t-27), y(In 3)=0 dt The solution is y =
-
Solve by factoring. 5x2-16x+12=0
-
Find f-1 (x) for f (x) = 15 + 12x.
Study smarter with the SolutionInn App