Smart People: Help me do math homework
How would a person begin to answer this problem?
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If I could, I would.
but since I can't.... Poop. |
Would you not have to know the amount to be invested first?
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Investing in 50% of the 8.5%, 20% of the 9.2 and 30% of the 3.1 would give you a 6.82% projected return....is that what you're after?
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Don't forget to carry the naught.
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Unless this is multiple choice or there are at least three more constraints (equations), I'm pretty sure there is more than one solution to this problem. As it is, this is all we have to work with:
A(1.085)+B(1.092)+C(1.031)+D(1.048)=1.065 |
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Cheater!
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