1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svet_ta [14]
3 years ago
9

Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance o

f the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of August 12, 2011.
Year-to-date Loss
SHPIX (Short Smallcap Profund) 6%
RYURX (Rydex Inverse S&P 500) 5%
RYIHX (Rydex Inverse High Yield) 7%
You invested a total of $12,000 in the three funds at the beginning of 2011, including an equal amount in RYURX and RYIHX. Your year-to-date loss from the first two funds amounted to $510. How much did you invest in each of the three funds?
Mathematics
1 answer:
bagirrra123 [75]3 years ago
6 0

Answer:

Let SHPIX =x =$6000

Let RYURX=y=$3000

Let RYIHX=z =$3000

Step-by-step explanation:

y=z     eqn..1

x+y+z=$12000 eqn..2

0.06x+0.05y=$510 eqn..3

From equation 2,x=12000-y-z eqn..4

Since y=z,eqn..1 becomes x=12000-2y..eqn 4

Substitute equation 4 into equation 2

0.06(12000-2y)+0.5y=510

720-0.12y+0.5y=510

720-0.07y=510

0.07y=720-510

0.07y=210

divide both sides by 0.07

y=210/0.07

y=$3000

since y=z

Then z=$3000 as well

Finally x+$3000+$3000=$12000

x+$6000=$12000

x=$12000-$6000

x=$6000

You might be interested in
You are purchasing soft drinks for the company annual party. You expect about 32 people to be there. You want to allow at least
qaws [65]
 
<span>32*18=576 oz. </span>



<span>Store A offers 24-12 oz cans for $5.89. That means $5.89 gets you 288 oz. Store B offers 12-12oz cans for $3.79, so that means $3.79 gets you 144oz. </span>

<span>Store A is $5.89 per every 288 oz. You need 576 oz, which is double that. That means it will cost you twice as much as it would buying 24-12 oz cans: </span>
<span>$5.89*2=$11.78 </span>

<span>Store B is $3.79 for 144 oz. As previously stated, you need 576 oz, so you'll need to buy 4 12-packs of 12 oz cans: </span>
<span>$3.79*4=15.16 </span>

<span>So not only is Store A a better deal, but they'll save you $15.16-$11.78=$3.38 dollars. </span>
5 0
4 years ago
If f(x)=3x^2-5 and g(x)=-2x+5, then f(3)g(3)=
Vladimir [108]

Answer:

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

Explanation:

(

f

+

g

)

(

x

)

=

f

(

x

)

+

g

(

x

)

:

(

f

+

g

)

(

x

)

=

3

x

2

−

x

+

5

+

2

x

−

3

Add like terms:

(

f

+

g

)

(

x

)

=

3

x

2

+

(

−

x

+

2

x

)

+

(

5

−

3

)

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

Explanation:

(

f

+

g

)

(

x

)

=

f

(

x

)

+

g

(

x

)

:

(

f

+

g

)

(

x

)

=

3

x

2

−

x

+

5

+

2

x

−

3

Add like terms:

(

f

+

g

)

(

x

)

=

3

x

2

+

(

−

x

+

2

x

)

+

(

5

−

3

)

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

Explanation:

(

f

+

g

)

(

x

)

=

f

(

x

)

+

g

(

x

)

:

(

f

+

g

)

(

x

)

=

3

x

2

−

x

+

5

+

2

x

−

3

Add like terms:

(

f

+

g

)

(

x

)

=

3

x

2

+

(

−

x

+

2

x

)

+

(

5

−

3

)

(

f

+

g

)

(

x

)

=

3

x

2

+

x

+

2

Step-by-step explanation:

5 0
3 years ago
Can someone please help me :)
tensa zangetsu [6.8K]
Since 93p+84=85
subtract 84 from both sides
93p=1
p=(1/93)
8 0
3 years ago
Read 2 more answers
Armand ran the 100 yard dash in 17.18 seconds. Arturo's time has an 8 with a value 10 times the value of the 8 in Armand's time.
frosja888 [35]
8====D

He has a value of 64
4 0
3 years ago
Which segment is an altitude of triangle IGH?
e-lub [12.9K]
I know my math and your answer is going to be A.
3 0
3 years ago
Other questions:
  • Help mee is guyssssss
    13·2 answers
  • There are 75 ducks in a pond 25 ducks are marked as a winner if you take 2 ducks out but don't replace them what is the probably
    13·1 answer
  • Find the values of x and y using the given​ chord, secant, and tangent lengths.
    10·1 answer
  • 2x^3-4x+6 turning points , end behavior, zeros
    13·1 answer
  • The three trigonometric functions can be used to calculate unknown side lengths and angles in which type of triangle(s)?
    7·1 answer
  • What is the answer for3+2x=-6x+4
    5·1 answer
  • I don't think the answer is C, I just clicked it because the quiz would kick me out if I didn't.
    9·2 answers
  • What is 15 out of 50 as a percentage​
    15·1 answer
  • 76​% of U.S. adults think that political correctness is a problem in America today. You randomly select six U.S. adults and ask
    11·1 answer
  • Find the area of the parallelogram!! will give brainliest
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!