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Degger [83]
3 years ago
14

A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000

, and her current account value is $17,000. For her to complete the letter, she must deposit A) $27,000. B) $8,000. C) $13,000. D) $12,000.
Business
1 answer:
Delvig [45]3 years ago
5 0

Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

Amount invested=$25,000

Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

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This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.

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