Mathematics, 18.04.2020 04:31 HecptyAura
You save $15,000.00. You place one-third in a savings account earning a 4.6% APR compounded annually. You then invest one quarter of the
remaining balance in a 3-year U. S. Treasury bond earning a 5.2% APR compounded annually and the rest in a stock plan. Your stock plan increases in
value 3% the first year, decreases 8% in value the second year, and increases 6% in value the third year. What is the total gain on your original saved
amount?
915.33
1166.28
1297.31
1260.70
Answers: 2
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You save $15,000.00. You place one-third in a savings account earning a 4.6% APR compounded annually...
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