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Alla [95]
2 years ago
9

Brian purchased 10 shares of an aggressive growth mutual fund at $90 per share, for a total of $900, 7 years ago. Today he sold

all 10 shares for $4,500. What was his average annual compound rate of return on this investment before tax?
Mathematics
1 answer:
fredd [130]2 years ago
5 0

Answer:

$514 give or take.  I could be wrong so you might want some confirmation on my answer before putting it on your test or what ever you need it for because i'm only in Middle School.

Step-by-step explanation:

You might be interested in
In the rolling of two fair dice calculate the following: P(Sum of the two dice is 7) = ______
vesna_86 [32]

Answer:

P(Sum of the two dice is 7) = 6/36

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

In this problem, we have that:

A fair dice can have any value between 1 and 6 with equal probability. There are two fair dices, so we have the following possible outcomes.

Possible outcomes

(first rolling, second rolling)

(1,1), (2,1), (3,1), (4,1), (5,1), (6,1)

(1,2), (2,2), (3,2), (4,2), (5,2), (6,2)

(1,3), (2,3), (3,3), (4,3), (5,3), (6,3)

(1,4), (2,4), (3,4), (4,4), (5,4), (6,4)

(1,5), (2,5), (3,5), (4,5), (5,5), (6,5)

(1,6), (2,6), (3,6), (4,6), (5,6), (6,6)

There are 36 possible outcomes.

Desired outcomes

Sum is 7, so

(1,6), (6,1), (5,2), (2,5), (3,4), (4,3).

There are 6 desired outcomes, that is, the number of outcomes in which the sum of the two dice is 7.

Answer

P(Sum of the two dice is 7) = 6/36

7 0
4 years ago
If I roll a 6 sided dice and then flip a coin,
lina2011 [118]

Answer:

1/12

Step-by-step explanation:

5 0
3 years ago
3360832553 ____ pass___ wZE2XQ​
Anvisha [2.4K]

Answer:

what? i really dont understand

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
8x-29 + 6x-11 + 3x-1 solve for x
elena-s [515]

Answer:

Step-by-step explanation:

I need help on this too.

5 0
3 years ago
Read 2 more answers
1. One week Carlos bought 3 bags of Tabitha Tidbits and 4 bags of Figaro Flakes for $43.00. The next week he bought 3 bags of Ta
d1i1m1o1n [39]
Tabitha Tidbits costs $7 per bag, and Figaro Flakes is $5.50 per bag.
You need to set up a system of equations. Use "x" for Tabitha Tidbits and "y" for Figaro Flakes, and let the total cost of each trip equal c. Using the equation ax+by=c, substitute the cost of each trip in for c, and the number of bags for each food for a and b respectively. The two equations will be:
3x+4y=43
3x+6y=54
Isolate x in the first equation and you will get:
x=(43-4y)/3
Substitute the above equation for x into the other equation:
3*((43-4y)/3)+6y=54
Isolate y in this equation, and you will get 11/2, which is 5.5
So the cost of one bag of Figaro Flakes is $5.50
Now substitute this into the equation where you isolated x:
(43-4(5.5))/3
You will get x=7, so a bag of Tabitha Tidbits is $7
3 0
3 years ago
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