Answer:
46.666 (repeating 6) or 46 and 2/3
Step-by-step explanation:
1. Find the difference, 15 - 8 = 7.
2. Divide, 7 / 15 = 0.466..
3. Change to percent. (Multiply)
(0.466... x 100) = 46.66..
No. The answer to 16 is 426
Answer:
Low risk and moderate growth.
Step-by-step explanation:
A balanced fund (sometimes known as hybrid funds) are much better that equity as the risk in equity are much higher than a balanced fund.
A balanced fund is a combination of equity and bond investment, where bonds give risk free income and equity is with high risk. The combination of those two lowers the risk but gives a moderate income better than bonds.
Therefore, balanced funds gives low risk and moderate growth. (Answer)
Is there any extra information in the question?