subject
Mathematics, 04.04.2020 20:18 moeshawashingto1

Dollar-cost averaging can be a successful investment strategy for some people. Using this strategy, a person saves and invests the same amount of money on a regular basis, such as monthly, regardless of market conditions. The amount is invested regardless of whether stock prices are high or low. Assume you use the dollar-cost averaging investment strategy. You invest up to $200 on the first day of each month in a balanced mutual fund. Buying shares in the mutual fund provides some diversification and lowers your risk. Use the table to answer the questions. After your December 1 purchase, the average share price you paid was $ . (Round to the cent.)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
At a sale this week, a desk is being sold for $213. this is a 29% discount from the original price. what is the original price?
Answers: 1
question
Mathematics, 22.06.2019 00:00
(20 points) a bank has been receiving complaints from real estate agents that their customers have been waiting too long for mortgage confirmations. the bank prides itself on its mortgage application process and decides to investigate the claims. the bank manager takes a random sample of 20 customers whose mortgage applications have been processed in the last 6 months and finds the following wait times (in days): 5, 7, 22, 4, 12, 9, 9, 14, 3, 6, 5, 15, 10, 17, 12, 10, 9, 4, 10, 13 assume that the random variable x measures the number of days a customer waits for mortgage processing at this bank, and assume that x is normally distributed. 2a. find the sample mean of this data (x ě…). 2b. find the sample variance of x. find the variance of x ě…. for (c), (d), and (e), use the appropriate t-distribution 2c. find the 90% confidence interval for the population mean (îľ). 2d. test the hypothesis that îľ is equal to 7 at the 95% confidence level. (should you do a one-tailed or two-tailed test here? ) 2e. what is the approximate p-value of this hypothesis?
Answers: 2
question
Mathematics, 22.06.2019 00:30
Jennifer taking a quiz and has answered 13 questions so far. if there are 25 questions on jennifer test, how many questions does she have left to answer
Answers: 1
question
Mathematics, 22.06.2019 04:00
Renee hiked for 6 3 /4 miles. after resting, renee hiked back along the same route for 5 1 /4 miles. how many more miles does renee need to hike to return to the place where she started? represent your answer as a simplified mixed number, if necessary.
Answers: 1
You know the right answer?
Dollar-cost averaging can be a successful investment strategy for some people. Using this strategy,...
Questions
question
Mathematics, 03.03.2022 20:30
question
History, 03.03.2022 20:40
question
Mathematics, 03.03.2022 20:40