The total assets of mutual funds operating in the United States, in billions of dollars, for each
Question:
The total assets of mutual funds operating in the United States, in billions of dollars, for each year during the period 2012 through 2016 are shown in the table. What were the average assets per year during this period?
Transcribed Image Text:
Year Assets (in billions of dollars) 2012 13,054 2013 2014 2015 2016 15,049 15,873 15,650 16,344 Data from Investment Company Institute.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
To calculate the average assets per year during the period 2012 through 2016 we need to sum up the a...View the full answer
Answered By
Aketch Cindy Sunday
I am a certified tutor with over two years of experience tutoring . I have a passion for helping students learn and grow, and I firmly believe that every student has the potential to be successful. I have a wide range of experience working with students of all ages and abilities, and I am confident that I can help students succeed in school.
I have experience working with students who have a wide range of abilities. I have also worked with gifted and talented students, and I am familiar with a variety of enrichment and acceleration strategies.
I am a patient and supportive tutor who is dedicated to helping my students reach their full potential. Thank you for your time and consideration.
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Algebra
ISBN: 9780134895987
13th Edition
Authors: Margaret Lial, John Hornsby, Terry McGinnis
Question Posted:
Students also viewed these Mathematics questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
paraphrase the following two passages using narrative in-text citations: 1.Those who teach ethics don't need to look far for lessons. Every day there's fresh scandal: Google is in hot water for how...
-
Walcker Transportation Companys general manager reports quarterly to the company president on the firms operating performance. The company uses a budget based on detailed expectations for the...
-
There are 38 different time periods during which classes at a university can be scheduled. If there are 677 different classes, how many different rooms will be needed?
-
Define the following: a. Asset b. Liability c. Net asset
-
Bill Fennema, president of Fennema Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Draw the AON net-work and answer the...
-
3) Lets revisit the 2-D shallow water equations, but this time assume no rotation (f= 0) but the wave is embedded in a mean zonal flow U: V= (U+u'(x, 1)) + v'(x, 1); (1) where variables in bold are...
-
Use a formula for S n to evaluate each series. 250 : i=1
-
A fully wound yo-yo has a string 40 in. long. It is allowed to drop, and on its first rebound it returns to a height 15 in. lower than its original height. Assuming that this rebound ratio remains...
-
The bookkeeper for Liba Ltd. has prepared the following statement of financial position as of July 31, 2022 (amounts in thousands). The following additional information is provided. 1. Cash includes...
-
A 70 cm-long guitar string of mass 2.17 g is near a tube that is open at one end and also 70 cm long. How much tension should be in the string if it is to produce resonance (in its fundamental mode)...
-
How do postcolonial perspectives challenge conventional sociological frameworks by highlighting the ongoing effects of colonialism, imperialism, and Eurocentrism on global power dynamics and social...
-
Tire Max has an ISO Business Income (And Extra Expense) Coverage Form. Tire Max has suffered a fire loss to its building that has caused the building and equipment to be unavailable for 90 days. Tire...
-
In what manners has the Internet exerted influence on society, exemplifying two significant impacts it has engendered?
-
Anola is the security administrator in XYZ consulting. She is asked to suggest a deployment method where the data is stored in a completely secure, centralized server and accessed by authorized...
-
A manufacturer wishes to test the hypothesis that by changing the formula of its toothpaste, it will give its users improved protection.The null hypothesis represents the idea that the change will...
-
From the choice of simple moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why? please write it in word...
-
Use event relationships to fill in the blanks in the table below. Conditions for Events A and B P(AN B) P(AU B) P(A) .3 P(B) 4 4 4 P(AB) Mutually exclusive Independent .3 .1 .2 .5 .1 .5
-
Use event relationships to fill in the blanks in the table below. PLA U B)| P(A|B) Conditions for Events A and PIAN B) P(B) PLA) 3 .12 .3 .7 Mutually exclusive .5 .1 Independent .5 2.
-
Access the applet in How a Line Works. a. Use the slider to change the y-intercept of the line, but do not change the slope. Describe the changes that you see in the line. b. Use the slider to change...
-
What is version control, and why is it important in collaborative software development? Explain
-
39. Investment A sum of $5000 is invested at an interest rate of 9% per year, compounded continuously. (a) Find the value A(t) of the investment after 7 years. (b) Draw a graph of A(t). (c) Use the...
-
Given the box plot, complete the five-number summary and find the outlier. 25 20 20 15 10 10 5 Ex: 1 Minimum Q1 (first quartile) Median Q3 (third quartile) Maximum Outlier
Study smarter with the SolutionInn App