Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Chapter 4.3, Problem 48E
To determine
To calculate: The Colossal investment portfolio when all the information accountant can gather is that the company invested in 3 firms X, Y and Z. And earned $ 8 million on investing $65 million. Investment in company X earned 15% last year, investment in company Y depreciated by 20% last year, investments in Z neither appreciated nor depreciated while W earned 20% last year. Colossal invested twice as much in X as in company Z, and investment in X is mounted to $30 million. Also, find what should smiley do.
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Suppose that at the beginning of Year 1 you invested 10,000 USD in the Stivers mutual fund and 5,000 USD in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below.
Year
Stivers
Trippi
Year 1
$11,000
$5,600
Year 2
$12,000
$6,300
Year 3
$12,900
$6,900
Year 4
$13,900
$7,600
Year 5
$14,900
$8,600
Year 6
$16,000
$9,300
Year 7
$17,100
$9,900
Year 8
$18,300
$10,700
a. Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations.
Mean annual return (to 3 decimals) Stivers is ____% and ____% for Trippi
b. Which mutual fund performed better?
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below.
Year
Stivers
Trippi
Year 1
$10,500
$5,600
Year 2
$11,800
$6,400
Year 3
$13,000
$6,900
Year 4
$14,000
$7,700
Year 5
$14,900
$8,600
Year 6
$16,100
$9,200
Year 7
$17,000
$9,900
Year 8
$18,200
$10,600
Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations.
Stivers
Trippi
Mean annual return (to 3 decimals)
%
%
Which mutual fund performed better?
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below.
Year
Stivers
Trippi
Year 1
$10,600
$5,600
Year 2
$11,700
$6,300
Year 3
$12,700
$7,000
Year 4
$14,000
$7,600
Year 5
$15,000
$8,600
Year 6
$16,100
$9,200
Year 7
$17,200
$9,900
Year 8
$18,400
$10,700
Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations.
Stivers
Trippi
Mean annual return (to 3 decimals)
Chapter 4 Solutions
Finite Mathematics and Applied Calculus (MindTap Course List)
Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - Prob. 4ECh. 4.1 - Prob. 5ECh. 4.1 - Prob. 6ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...
Ch. 4.1 - Prob. 11ECh. 4.1 - Prob. 12ECh. 4.1 - Prob. 13ECh. 4.1 - Prob. 14ECh. 4.1 - Prob. 15ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - Prob. 17ECh. 4.1 - Prob. 18ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - Prob. 20ECh. 4.1 - Prob. 21ECh. 4.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 4.1 - Prob. 23ECh. 4.1 - Prob. 24ECh. 4.1 - Prob. 25ECh. 4.1 - Prob. 26ECh. 4.1 - Prob. 27ECh. 4.1 - Prob. 28ECh. 4.1 - Prob. 29ECh. 4.1 - Prob. 30ECh. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - Prob. 34ECh. 4.1 - Prob. 35ECh. 4.1 - Prob. 36ECh. 4.1 - Prob. 37ECh. 4.1 - Prob. 38ECh. 4.1 - Resource Allocation You manage an ice cream...Ch. 4.1 - Class Scheduling Enormous State Universitys Math...Ch. 4.1 - Nutrition Gerber Products' Gerber Mixed Cereal for...Ch. 4.1 - Nutrition Anthony Altino is mixing food for his...Ch. 4.1 - Nutrition One serving of Campbell Soup Companys...Ch. 4.1 - Nutrition One serving of Campbell Soup Companys...Ch. 4.1 - Protein Supplements Exercises 45-48 are based on...Ch. 4.1 - Prob. 46ECh. 4.1 - Prob. 47ECh. 4.1 - Protein Supplements Exercises 45-48 are based on...Ch. 4.1 - Investments: Tech Stocks In December 2014, Twitter...Ch. 4.1 - Investments: Energy Stocks In the 3-rnonth period...Ch. 4.1 - Investments: Financial Stocks During the first...Ch. 4.1 - Investments: High Dividend Stocks During the first...Ch. 4.1 - Voting An appropriations bill passed the U.S....Ch. 4.1 - Voting The U.S. Senate has 100 members. For a bill...Ch. 4.1 - Prob. 55ECh. 4.1 - Law Five years ago, Enormous State Universitys...Ch. 4.1 - Purchasing (from the GMAT) Elena purchased Brand X...Ch. 4.1 - Purchasing (based on a question from the GMAT)...Ch. 4.1 - Prob. 59ECh. 4.1 - Prob. 60ECh. 4.1 - Prob. 61ECh. 4.1 - Supply and Demand (from the GRE Economics Test) In...Ch. 4.1 - Equilibrium Price In June 2001 the retail price of...Ch. 4.1 - Equilibrium Price At the start of December 2001...Ch. 4.1 - Pollution Joe Slo, a college sophomore, neglected...Ch. 4.1 - Diet The local sushi bar serves 1-ounce pieces of...Ch. 4.1 - Prob. 67ECh. 4.1 - Publishing (from the GMAT) There were 36,000...Ch. 4.1 - Prob. 69ECh. 4.1 - Prob. 70ECh. 4.1 - Both the supply and demand equations for a certain...Ch. 4.1 - Prob. 72ECh. 4.1 - Prob. 73ECh. 4.1 - Prob. 74ECh. 4.1 - Prob. 75ECh. 4.1 - Select one: If the addition or subtraction of two...Ch. 4.1 - Prob. 77ECh. 4.1 - Prob. 78ECh. 4.1 - Prob. 79ECh. 4.1 - Prob. 80ECh. 4.1 - Prob. 81ECh. 4.1 - Prob. 82ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 3ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 6ECh. 4.2 - Prob. 7ECh. 4.2 - Prob. 8ECh. 4.2 - Prob. 9ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 11ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 13ECh. 4.2 - Prob. 14ECh. 4.2 - Prob. 15ECh. 4.2 - Prob. 16ECh. 4.2 - Prob. 17ECh. 4.2 - Prob. 18ECh. 4.2 - Prob. 19ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 21ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 25ECh. 4.2 - Prob. 26ECh. 4.2 - Prob. 27ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 29ECh. 4.2 - Prob. 30ECh. 4.2 - Prob. 31ECh. 4.2 - Prob. 32ECh. 4.2 - Prob. 33ECh. 4.2 - Prob. 34ECh. 4.2 - Prob. 35ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 37ECh. 4.2 - Prob. 38ECh. 4.2 - Prob. 39ECh. 4.2 - Prob. 40ECh. 4.2 - Prob. 41ECh. 4.2 - Prob. 42ECh. 4.2 - Prob. 43ECh. 4.2 - Prob. 44ECh. 4.2 - In Exercises 43-46, use technology to solve the...Ch. 4.2 - Prob. 46ECh. 4.2 - Prob. 47ECh. 4.2 - Prob. 48ECh. 4.2 - Prob. 49ECh. 4.2 - Prob. 50ECh. 4.2 - Prob. 51ECh. 4.2 - Prob. 52ECh. 4.2 - Prob. 53ECh. 4.2 - Prob. 54ECh. 4.2 - Prob. 55ECh. 4.2 - Prob. 56ECh. 4.2 - Prob. 57ECh. 4.2 - Prob. 58ECh. 4.2 - Prob. 59ECh. 4.2 - Prob. 60ECh. 4.2 - Prob. 61ECh. 4.2 - Prob. 62ECh. 4.2 - Prob. 63ECh. 4.2 - Prob. 64ECh. 4.2 - Prob. 65ECh. 4.2 - Prob. 66ECh. 4.2 - Prob. 67ECh. 4.2 - Prob. 68ECh. 4.3 - Resource Allocation You manage an ice cream...Ch. 4.3 - Resource Allocation You own a hamburger franchise...Ch. 4.3 - Resource Allocation Urban Community College is...Ch. 4.3 - Resource Allocation The Enormous State University...Ch. 4.3 - Latin Music Sales (Digital) In 2013, total...Ch. 4.3 - Latin Music Sales (Digital) In 2012, total...Ch. 4.3 - Purchasing Aircraft In Example 2 we saw that...Ch. 4.3 - Purchasing Aircraft Refer to Exercise 7. Rene...Ch. 4.3 - Supply A bagel store orders cream cheese from...Ch. 4.3 - Supply Refer to Exercise 9. The bagel store's...Ch. 4.3 - Pest Control Halmar the Great has boasted to his...Ch. 4.3 - Manufacturing Perfume The Fancy French Perfume...Ch. 4.3 - Donations The Enormous State University Good Works...Ch. 4.3 - Tenure Professor Walt is up for tenure and wishes...Ch. 4.3 - Airline Costs Exercises 15and16 are based on the...Ch. 4.3 - Airline Costs Exercises 15and16 are based on the...Ch. 4.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 4.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 4.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 4.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 4.3 - Internet Audience At the end of 2003 the four...Ch. 4.3 - Internet Audience At the end of 2003 the four...Ch. 4.3 - Market Share: Homeowners Insurance Three market...Ch. 4.3 - Prob. 24ECh. 4.3 - Inventory Control Red Bookstore wants to ship...Ch. 4.3 - Prob. 26ECh. 4.3 - Prob. 27ECh. 4.3 - Prob. 28ECh. 4.3 - Prob. 29ECh. 4.3 - Tobacco The following table shows some data from...Ch. 4.3 - Traffic Flow One-way traffic through Enormous...Ch. 4.3 - Traffic Flow The traffic through downtown East...Ch. 4.3 - Traffic Flow The traffic through downtown...Ch. 4.3 - Prob. 34ECh. 4.3 - Prob. 35ECh. 4.3 - Electric Current Electric current measures (in...Ch. 4.3 - Prob. 37ECh. 4.3 - Prob. 38ECh. 4.3 - Prob. 39ECh. 4.3 - Prob. 40ECh. 4.3 - Prob. 41ECh. 4.3 - Prob. 42ECh. 4.3 - Prob. 43ECh. 4.3 - Prob. 44ECh. 4.3 - Voting In the 75th Congress (1937-1939) the U.S....Ch. 4.3 - Voting In the 75th Congress (1937-1939) there were...Ch. 4.3 - Prob. 47ECh. 4.3 - Prob. 48ECh. 4.3 - Prob. 49ECh. 4.3 - Prob. 50ECh. 4.3 - Prob. 51ECh. 4.3 - Prob. 52ECh. 4.3 - Prob. 53ECh. 4.3 - Prob. 54ECh. 4.3 - Prob. 55ECh. 4.3 - Prob. 56ECh. 4.3 - Prob. 57ECh. 4.3 - Prob. 58ECh. 4 - In Exercises 16, graph the given equations and...Ch. 4 - Prob. 2RECh. 4 - Prob. 3RECh. 4 - Prob. 4RECh. 4 - Prob. 5RECh. 4 - Prob. 6RECh. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prob. 9RECh. 4 - Prob. 10RECh. 4 - Prob. 11RECh. 4 - Prob. 12RECh. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 - Prob. 16RECh. 4 - Prob. 17RECh. 4 - Prob. 18RECh. 4 - Prob. 19RECh. 4 - Exercises 1922 are based on the following equation...Ch. 4 - Prob. 21RECh. 4 - Prob. 22RECh. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - Prob. 25RECh. 4 - Prob. 26RECh. 4 - Prob. 27RECh. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - Purchasing You are the buyer for OHaganBooks.com...Ch. 4 - Prob. 30RECh. 4 - Prob. 31RECh. 4 - Prob. 32RECh. 4 - Prob. 33RECh. 4 - Equilibrium OHaganBooks.com CEO John OHagan...Ch. 4 - Feeding Schedules Billy-Sean OHagan is John...Ch. 4 - Prob. 36RECh. 4 - Website Traffic OHaganBooks.com has two principal...Ch. 4 - Sales As the buyer at OHaganBooks.com, you are...Ch. 4 - Prob. 39RECh. 4 - Initial Public Offerings (IPOs) Duffin House,...Ch. 4 - Prob. 41RECh. 4 - Prob. 42RECh. 4 - Network Traffic All book orders received at the...Ch. 4 - Prob. 44RECh. 4 - Shipping On the same day that the sales department...Ch. 4 - Transportation Scheduling Duffin House is about to...
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