Question
1. Anci wants to determine whether her investments have generated a capital gain over the past year. Investment Basis Commission Paid to Purchase Commission Paid
1. Anci wants to determine whether her investments have generated a capital gain over the past year.
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1.a. Using the information above, calculate the gain or loss for each investment individually. |
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1.b. Using the information above, calculate the total capital gain or loss for her total portfolio of assets (all combined). |
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1.c. Using the information above, calculate the percentage gain or loss on each investment individually. |
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2. Jamie has just opened a bank account that pays 2.5% interest annually. If the account requires a minimum balance of $500 and Jamie maintains her initial deposit of $3,200 for the next 12 months, how much interest will be earned at the end of the 12-month period?
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3. Diane is depositing $12,000 in a 9-month CD that pays 5% interest annually. How much interest will Diane have earned if she holds the CD until maturity? |
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