Jim Began His Investing Program with a $4000 Initial Investment

question 19

Multiple Choice

Jim began his investing program with a $4000 initial investment. The table below recaps his returns each year as well as the amounts he added to his investment account. What is his dollar- weighted average return?

• A) 0.5 percent
• B) 0.8 percent
• C) 1.0 percent
• D) 1.2 percent
• E) 1.5 percent

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Definitions:

Voltage Drop

The reduction in electrical voltage as it passes through a component or conductor, due to resistance or impedance in the circuit.

Low Current Draw

The condition of an electrical device consuming a relatively small amount of electrical current.

Viscosity

The sheer resistance of a liquid often used to mean oil thickness or resistance to flow.

Ground Circuit

An electrical circuit that uses the earth as a part of its conductive path, enhancing safety by preventing electric shock.