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NEW QUESTION: 1
An investor receives a total combined return of 7% on his two different investments. On his $10,000 investment he receives a return of 6%. What is the return on his $20,000 investment?
A. 7.25%
B. 9%
C. 8%
D. 8.5%
E. 7.5%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The combined return is 7% of $30,000 = $2,100. Subtract the 6% return on his $10,000 investment = $600.
$2,100-$600=$1,500. This is the return on his second investment of $20,000. $1,500 of $20,000 is a 7.5% return.
NEW QUESTION: 2
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
HD terminal in the absence of the registered GK cannot for conference call.
A. True
B. False
Answer: B
