For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that

Question

3 years ago

11

For an investment of $26,245, a quarterly statement reports that the account balance is $26,292. The statement also reports that

for the same quarter, the rate of return on the investment was - 0.02%. Given the information regarding the investment's quarterly activity, is the reported rate of return reasonable? Use complete sentences to explain your answer.

Mathematics

1 answer:

olya-2409 [2.1K] · Answer 1 · 2022-03-16T09:35:44+03:00

olya-2409 [2.1K]3 years ago

6 0

52,537.02 is your answer i hope i helped