Examlex

Solved

Solve the Problem. -Josie Invested $13,000 in Three Different Mutual Funds. a Fund

question 17

Multiple Choice

Solve the problem.
-Josie invested $13,000 in three different mutual funds. A fund containing large cap stocks made 5.7% return in 1 yr. A real estate fund lost 12.6% in 1 yr, and a bond fund made 3.5% in 1 yr. The
Amount invested in the large cap stock fund was twice the amount invested in the real estate fund. If
Josie had a net return of $162.50 across all investments, how much did she invest in the large cap
Fund?


Definitions:

Transition

The process or period of changing from one state or condition to another, often involving significant personal, social, or professional changes.

Focusing Summary

A counseling technique that involves summarizing the main themes or issues discussed, often to clarify or concentrate on key points.

Signal Summary

A concise presentation or overview of key information or data, often used in analysis or decision-making processes.

Summarizing

The act of succinctly restating the main points or essence of a text or speech.

Related Questions