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Which of the funds had the greatest percent increase in its
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21 Oct 2018, 02:28
21 Oct 2018, 02:28
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85% (00:52) correct
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Which of the funds had the greatest percent increase in its price from the beginning to the end of the measured period?
A. Fund A
B. Fund B
C. Fund C
D. Fund D
E. Fund E
Re: Which of the funds had the greatest percent increase in its
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09 Sep 2019, 09:22
09 Sep 2019, 09:22
1
Fund A Beginning price = (600)($24) = 14,400
Fund A end price = (600)($27) = 16,200
Fund B beginning price = (500)($12) = 6000
Fund B end price = (500)($16) = 8000
Fund C beginning price = (1000)($20) = 20,000
Fund C end price = (1000)($22) = 22,000
Fund D beginning price = (300)($40) = 12,000
Fund D end price = (300)($42) = 12,600
Fund E beginning price = (600)($45) = 27,000
Fund E end price = (600)($45) = 27,000
Percentage increase of Fund B = 33.33
Percentage increase of Fund C = 10
So, Answer is B.
Fund A end price = (600)($27) = 16,200
Fund B beginning price = (500)($12) = 6000
Fund B end price = (500)($16) = 8000
Fund C beginning price = (1000)($20) = 20,000
Fund C end price = (1000)($22) = 22,000
Fund D beginning price = (300)($40) = 12,000
Fund D end price = (300)($42) = 12,600
Fund E beginning price = (600)($45) = 27,000
Fund E end price = (600)($45) = 27,000
Percentage increase of Fund B = 33.33
Percentage increase of Fund C = 10
So, Answer is B.
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