#7

Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the info below, answer the questions that follow.

a) At the end of four years, what is the total amount invested?

b) At the end of four years, what is the total number of shares purchased?

c) At the end of four years, what is the average cost for each share?

Problems Saved Over a four-year period, LaKeisha Thompson purchased shares in the Oaknm questions that follow. You may want to review the concept of dollar cost ave (Round your answers to 1 decimal place.) Investment Amount Price per Share Number of Shares Years 3,100 S 3,100 S 3,100 S 3,100 S 48.00 29.00 42.40 50.00 February 2014 $ February 2015 S February 2016 $ 2 2726 BookFebruary 2017 S Ask: rences a. At the end of four years, what is the total amount invested? Total investment here to search