ellabarzyk5449 ellabarzyk5449

06-07-2021
Mathematics

contestada

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?

Respuesta :

Ngoc1ari Ngoc1ari

06-07-2021

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!

Answer Link

Otras preguntas

The quotient of three and the quantity of three less than one-sixth of a number x?

What does A.D. Mean? Example 400 A.D.

Consider five circles with a radii of 1, 2, 4, 8, and 16 inches. Write your answer in terms of pi r square. Compare the areas and circumference of a circle when

On a road map of Virginia, the distance from Alexandria to Roanoke is 7.6 cm. What is the actual distance between the cities if the map scale is 2 cm = 50 mi?

If a woman is homozygous for type A blood and her husband is type O, what is the probability that their offspring would have any one of the 4 possible blood typ

Can you help me please. What are ethos, pathos and logos in ELA!?

The -------------- is a sheet of muscle that helps us breathe and it is situated just under the ribs and lungs.a. intercostalb. soleusc. obliqued. diaphragm

Functions f(x) and g(x) are shown below. f(x) = x^2 g(x) = x^2 + 8x + 16 In which direction and by how many units should f(x) be shifted to obtain g(x)?

Write an essay explaining why people should speak up and address issues that matter in the world today.

What is the solution to this problem? 5x-3y=6 and 2x-5y=10