document.write( "Question 69656: 1286 ASSUME YOU HAVE $165,000 INVESTED IN A STOCK THATS RETURNING 11.50%, $85,000 INVESTED IN A STOCK THAT IS RETURNING 22.75% & $235,000 INVESTED IN A STOCK THATS RETURNING 10.25%. WHATS THE EXPECTED RETURN OF YOUR PORTFOLIO?
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document.write( "A. 10.0%
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document.write( "B. 12.9%
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document.write( "C. 14.8%
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document.write( "D. 15.6%\r
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document.write( "I COME UP WITH 10.86%, BUT THATS NOT CORRECT, CAN YOU PLEASE SHOW THE WORK SO I WILL HAVE IT FOR FUTURE USE. ALSO, TELL ME HOW TO FIND THIS INFO USING MY TX INSTRUMENTS CALCULATOR, I DONT GET THIS, PLEASE HELP. \n" );
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Algebra.Com's Answer #49602 by checkley75(3666)![]() ![]() ![]() You can put this solution on YOUR website! 165,000*.115=18975 \n" ); document.write( "85,000*.2275=19,337.5 \n" ); document.write( "235,000*.1025=24,087.5 NOW THE TOTAL INVESTMENT IS 165,000+85,000+235,000=485,000 AND THE RETURS ARE \n" ); document.write( "18,975+19,337.5+24,087.5=62,400 THUS THE OVERALL PERCENTAGE IS \n" ); document.write( "62,400/485,000=.1286 OR \n" ); document.write( "B)12.9% ANSWER \n" ); document.write( " |