Question: Problem 16-14 Using Dollar Cost Averaging [L016.4] Over a four-year period, Matt Ewing purchased shares in the Oaark Fund. Use the following information: Investment Price
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Problem 16-14 Using Dollar Cost Averaging [L016.4] Over a four-year period, Matt Ewing purchased shares in the Oaark Fund. Use the following information: Investment Price per Year Amount Share 2013 6,600 $60 2014 6,600 39 2015 6600 37 2016 6600 46 (e) At the end of four years, what is the total amount invested? Answer is complete and correct. 28,400 Total amount ested At the end of four years, what is the total number of mutual fund shares purchased? (Round your Intermedlate calculations and answer to 4 declmal places) (b) Answer is complete but not entirely correct. I number of mutual fund res 0.0000
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