Question

The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided. Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds.
Days to Dollar Value
Maturity ($millions)
20 ............. 20
12 ............. 30
7 ............. 10
5 ............. 15
6 ............. 10



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  • CreatedFebruary 16, 2015
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