Question: Need to solve 6 Homework Saved Problem 16-14 Using Dollar Cost Averaging [LO16-4] Over a four-year period, Matt Ewing purchased shares in the Oakmark |

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Need to solve 6 Homework Saved Problem 16-14
6 Homework Saved Problem 16-14 Using Dollar Cost Averaging [LO16-4] Over a four-year period, Matt Ewing purchased shares in the Oakmark | Fund. Use the following information: Investment Year Amount Price per Share 2016 $ 8, 100 $ 58 per share 2017 8, 165 43 per share 2018 8, 108 34 per share 2019 8, 108 50 per share (a) At the end of four years, what is the total amount invested? Total amount invested (b) At the end of four years, what is the total number of mutual fund shares purchased? (Round your intermediate calculations and answer to 4 decimal places.) Total number of mutual fund shares

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