On January 2, 2017, You Invest $50,000 in the Lizbiz

question 77

Multiple Choice

On January 2, 2017, you invest $50,000 in the Lizbiz Mutual Fund, a load fund that charges a fee of 5 percent. The fund's returns were 14.6 percent in 2017, -6.4 percent in 2018, and 15.2 percent in 2019. On December 31, 2019, you redeem all your shares. The dollar value is

• A) $66,722.27.
• B) $15,200.00.
• C) $58,695.74.
• D) $33,366.25.
• E) $10,000.00.

---

Definitions:

Data Model

A conceptual framework that arranges elements of data and normalizes their relationships to each other and to real-world characteristics.

Table

A structured arrangement of data made up of rows and columns, used for organizing, storing, and displaying information systematically.

Data Model

A conceptual representation of the data structures and relationships within a database or information system.

Power Pivot Tab

A feature in Microsoft Excel that enables advanced data modeling, analysis, and the creation of complex pivot tables.