3 years ago

Mia invests $5,000 in an index fund. After 1 year, the fund's share price has increased by 8%. How much did Mia gain?

Mathematics

1 answer:

trasher [3.6K]3 years ago

5 0

Answer: In the end, she has $5400 in total, so she must gain $400 on her investment.

Step-by-step explanation:

8% is 0.08 >>> add 1 to it = 1.08

5000*1.08 = 5400

or the other way to do this is 5000*0.08 = 400 and then 5000+400=5400

Hope this helps!

You might be interested in

Which example illustrates the distributive property? 4 + 5 = 5 + 4 3(x + 4) = 3x + 12 5 * 1 = 5 4 + (5 + 6) = (4 + 5) + 6

Paul [167]

Just use google look up "distributive property

7 0

3 years ago

Read 2 more answers

A test has multiple choice questions with 3 choices for each answer; only one answer is correct for each question. Suppose a stu

posledela

Answer:

Step-by-step explanation:

4 0

3 years ago

you can use a calculator if you want. No links please help this is very important i will give you brain thing if its correct

erica [24]

Answer:

Step-by-step explanation:

0.25 x 0.044 = 0.011

a. Changing 0.25 to 25 moves the decimal 2 places to the right, and changing 0.044 to 44 moves the decimal 3 places to the right, so once we solve 25 x 44, we have to move the decimal a total of 5 places to the left.

25 x 44 = 1100, then move the decimal 5 places to the left to get 0.01100...but we don't add the zeros at the end.

b. multiplying 1/4 times 0.044 = 0.044/4 = 0.011

Hope this helps.

8 0

2 years ago

I really need help plz

scoundrel [369]

The answer is choice A.

In this problem, we are shrinking the poster by 1/4 of its size.

Which means you need to divide the sides by 4
For width:
$w = \frac{32}{4} = 8$
For length:
$l = \frac{28}{4} = 7$

4 0

3 years ago

If x = 2, y = 3 and z = 5, calculate the following: 5x - z

nikdorinn [45]

5*2 - 5
5*2=10
10-5=5

5 0

2 years ago