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When I was considering what to do with my $ 1 0 , 0 0 0 lottery winnings, my broker suggested that I invest half
When I was considering what to do with my $ lottery winnings, my broker suggested that I invest half of it in gold, the value of which was growing by per year, and the other half in certificates of deposit CDs which were yielding per year, compounded every months. Assuming that these rates are sustained, how much will my investment be worth in years? Round your answer to the nearest cent.following chart shows monthly figures for Apple stock in The graph contains a series of points connected by curves. The curves and the approximate points they connect are as follows. The curves start at Jan go down and right to Feb go up and right to Mar go up and right to Apr go down and right to May go up and right to Jun go down and right to Jul go up and right to Aug go down and right to Sep go up and right to Oct go up and right to Nov and go up and right to stop at Dec Marked are the following points on the chart. Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Calculate to the nearest your monthly percentage return on a simple interest basis if you had bought Apple stock in June and sold in October.
When I was considering what to do with my $ lottery winnings, my broker suggested that I invest half of it in gold, the value of which was growing by per year, and the other half in certificates of deposit CDs which were yielding per year, compounded every months. Assuming that these rates are sustained, how much will my investment be worth in years? Round your answer to the nearest cent.following chart shows monthly figures for Apple stock in
The graph contains a series of points connected by curves. The curves and the approximate points they connect are as follows.
The curves start at Jan
go down and right to Feb
go up and right to Mar
go up and right to Apr
go down and right to May
go up and right to Jun
go down and right to Jul
go up and right to Aug
go down and right to Sep
go up and right to Oct
go up and right to Nov
and go up and right to stop at Dec
Marked are the following points on the chart.
Jan. Feb. Mar. Apr. May June
July Aug. Sep. Oct. Nov. Dec.
Calculate to the nearest your monthly percentage return on a simple interest basis if you had bought Apple stock in June and sold in October.
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