Assume you have $50,000 invested in a mutual fund that has an expected return of...
90.2K
Verified Solution
Link Copied!
Question
Finance
Assume you have $50,000 invested in a mutual fund that has an expected return of 12%, $45,000 invested in Treasury securities with an expected return of 2%, and $250,000 invested in your 401(k) account with an expected return of 8%. What is the expected return on your portfolio? (Round to the nearest tenth percent).
PLEASE SHOW ALL FORMULA WORK
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.