Question
You invested a total of $6,000 across the funds (Midcap, Proshares, and Technology) at the beginning of the year. Including am equal amount in the
You invested a total of $6,000 across the funds (Midcap, Proshares, and Technology) at the beginning of the year. Including am equal amount in the Midcap and Proshares funds. Your year to fate losses total $360. If Midcap had a 6% loss, Proshares had a 5% loss, and Technology had a 7% loss, how much did you invest in each fund?
Select one:
a. Midcap = $2,000, Proshares = $2,000, and Technology = $2,000.
b. Midcap = $2,500, Proshares = $2,500, and Technology = $2,500.
c. Midcap = $1,500, Proshares = $1,500, and Technology = $1,500.
d. Midcap = $2,250, Proshares = $2,250, and Technology = $2,250.
e. Midcap = $3,000, Proshares = $2,000, and Technology = $1,000.
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