Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. compute the total and annual returns on the follow

Compute the total and annual returns on the following investment.Fifteen years after purchasing shares in...

60.1K

Verified Solution

Question

Basic Math

image

Compute the total and annual returns on the following investment.Fifteen years after purchasing shares in a mutual fund for $5900, the shares are sold for $11,200.The the total return is

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Biology
1.2K views

Chemotaxis is a complex process, requiring external and internal cell signals. Please describe below how the...

Finance
1.2K views

$5,000 is deposited today into a bank account. The account earns 7.1% per annum compounded half...

Biology
1.2K views

OEffector O Receptor Variable Stimulu

Geometry
1.2K views

13 In the figure below G is the center of the circle LK is a...

Basic Math
1.2K views

Let u 8i 4j v 6i j and w 8i Find 3u 2v w point...

Statistics
1.2K views

In 1936 a polling company called people on their telephones to measure who would win...

Calculus
1.2K views

Given P z 1 the full equation incl

Calculus
1.2K views

Now Step 3 dx dt dy et e t 2 te Submit Skip you cannot...

Accounting
1.2K views

3 Dinham Kennel uses tenant-days as its measure of activity;...

Accounting
1.2K views

What is the FASB guidance on the accounting of premiums and coupons? Discuss with examples.

Accounting
1.2K views

Crunchies Inc. manufactured Corn Flakes as its primary product in 2019. The managers of Crunchies...

Accounting
1.2K views

Carner Lumber sells lumber and general building supplies to building contractors in a medium-sized town...