Answer:
2 * 2 * 3
Step-by-step explanation:
Answer:
$22350 is the predicted value of portfolio.
Step-by-step explanation:
The given expression is 1.08s + 1.02b1.08s + 1.02b which predicts the end of year value of a financial portfolio.Here s = value of stocks and b = value of bonds.
Now we have to calculate the value of a portfolio with s = $200 and b = $100
So we will put the values of s and b in the given expression to calculate the value portfolio.
1.08×200 +1.02×(100)×1.08×(200)+ 1.02×(100) = 216 + 22032 + 102
= $22350
The predicted end to end year value of portfolio is = $22350
Answer:
Is there a picture included?
Step-by-step explanation:
