Question
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided. Days
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
| Days to Maturity | Dollar Value ($millions) |
| 15 | 25 |
| 12 | 10 |
| 8 | 10 |
| 6 | 20 |
| 3 | 10 |
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places.
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Linear Algebra A Modern Introduction
Authors: David Poole
3rd edition
9781133169574 , 978-0538735452
