3 years ago

There are often fees associated with investments that reduce the return you actually have. True False

1 answer:

8 0

True, there are fees associated with investments. These fees are collected by institutions where the investments are placed. Fees include transaction fees, investment management fees, front end and back end fees among others. These fees are placed in order for the services of the financial institutions to continue and these are also mandated and regulated by the government.

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The equation of a function<br>y = 2/3x+1/3 find the value of y<br>when x = -3<br>when x = 1 1/2

kirill [66]

Answer:

$y = \frac{-5}{3}\\\\y = \frac {4}{3}$

Step-by-step explanation:

$y = \frac{2}{3} x + \frac{1}{3}\\\\when \ x = -3 \\\\y = \frac{2}{3}(-3) + \frac{1}{3} = -2 + \frac{1}{3} = \frac{-6 + 1}{3}= \frac{-5}{3} \\\\When \ x = 1 \frac{1}{2} = \frac{3}{2}\\\\y = \frac{2}{3} \times \frac{3}{2} + \frac{1}{3} = 1+ \frac{1}{3} = \frac{3 + 1}{3}= \frac{4}{3} \\\\$