Approximately what percentage of hardcover books sold were nonfiction?
1 answer:
You might be interested in
Answer:
The predicted end-of-year value is $318.
Step-by-step explanation:
We are given the expression for the end-of-year value of the financial portfolio as,
, where s = value of the stocks and b = value of the bonds.
it is required to find the end-of-year value of a portfolio when,
value of the stocks, s = $200
value of the bonds, b = $100
So, substituting the values in the given expression, we get,
→
→
→ y= 318
Thus, the predicted end-of-year value is $318.