You have two investments. The value of Investment A at the end of April was $500, at the end of May was $600, and at the end of

Question

3 years ago

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You have two investments. The value of Investment A at the end of April was $500, at the end of May was $600, and at the end of

June was $400. The value of Investment B at the end of April was $400, at the end of May was $300, and at the end of June was $500. What was the largest month to month percentage change in the total value of your investments?

Mathematics

1 answer:

kicyunya [14] · Answer 1 · 2021-11-20T08:31:25+03:00

investment A has 500 (for April) + 600 (for May) + 400 (for June) with a total of 1500.
investment B has 400 (for April) + 300 (for May) + 500 (for June) with a total of 1200
Converting each amount to ratios gives investment A: 33%, 40%, and 27% respectively. Whereas investment B ratio is: 33%, 25%, and 42%. Hence, the largest month to month change is June.