If the Dollar Amount of Total Return on Your Mutual

question 29

Multiple Choice

If the dollar amount of total return on your mutual fund is $195 and the original cost of your investment is $1,400,then what is your percentage of total return?

• A)14.00 percent
• B)19.50 percent
• C)7.18 percent
• D)13.92 percent
• E)9.13 percent

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Definitions:

Transitivity

A principle in logic and mathematics stating that if a relation holds between a first and a second element, and also between the second and a third, it must necessarily hold between the first and the third.

Conservation

The act of preserving, protecting, or restoring the natural environment and wildlife.

Class Inclusion

Class inclusion is a cognitive ability to understand that a specific item can belong to a broader category as well as to a more specific subcategory at the same time, a concept extensively studied by Jean Piaget.

Decentration

The ability to consider multiple aspects of a situation simultaneously, characteristic of cognitive development in children.