Billy has invested RM38 500 in three unit trusts. He divided the money into ièTYdifferent unit trust accounts, Amanah Saham Nasional, Amanah Saham Wanuerand Amanah Saham Mas. At the end of the year, he obtained a profit of RMI 877.50.The annual interest rates given to each account are 4%, 5.5% and 6°. Rypecmeh.The total amount of money in Amanah Saham Nasional account is three times that inAmanah Saham Mas account.How much money did Billy invested in each unit trust account?

Let the amount invested be “X” in Amanah Saham Mas (ASM) account. Amount in Amanah Saham Nasional…

Answered: Billy has invested RM38 500 in three…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Tobias has a brokerage account and buys on the margin, which resulted in an interest expense of $29,200 during the year. Income generated through the brokerage account was as follows: Municipal interest $58,400 Taxable dividends and interest 292,000 If required, round any division to two decimal places and use in subsequent computation. Round your final answer to the nearest dollar. How much investment interest can Tobias deduct?
At the start of the year, Piotr has an investment fund worth $30,000.00. 4 months later the fund is worth $30,750.00 and Piotr deposits another $3,000.00. 4 months after that, the fund is worth $34,425.00 and Piotr withdraws the $3,000.00 his deposited the time before. At the end of the year the fund is worth $31,425.00. a) What is the Dollar Weighted Return for Piotr's investment? b) What is the Time Weighted Return for the investment fund? c) What would the fund balance at the end of year have to be to make the Time Weighted Return for the year equal the Dollar Weighted Return for the year? d) In this case (TWR = DWR) what was the return on the investment fund in the last time period?
Alan invests a total of $11,000 in three different ways. He invests one part in a mutual fund which in the first year has a return of 11%. He invests the second part in a government bond at 7% per year. The third part he puts in the bank at 5% per year. He invests twice as much in the mutual fund as in the bank. The first year Alan's investments bring a total return of $890. How much did he invest in each way?
Afif had a fund of RM55,000 and planned to invest his money in two different schemes. He invested 60% of his money in scheme A which pays 9% compounded quarterly. The balance was invested in Scheme B which pays k% compounded semi-annually. After 8 years, the accumulated amount for both of his investments was RM113,000. Find k.
The will of a wealthy philanthropist left P5, 000,000 to establish a perpetual charitable foundation. The foundation trustees decided to spend P1, 200,000 to provide facilities immediately and to provide P100, 000 of capital replacement at the end of each 5 year period. If the invested funds earned 12% per annum, what would be the year end amount available in perpetuity from the endowment for charitable purposes? (I ONLY NEED CASHFLOW DIAGRAM PLEASE PROVIDE BELOW!)
Willie invests some money at 7.5%. He also invests $4,000 less than this amount at 6.59. His total annual incomefrom the interest of these two investments is $1,000. How much money is invested at each rate?
Red Company invested $20,000 in a fund that was earning interest at a rate of 3.00% compounded semi-annually. After 2 years and 9 months, the company transferred these funds to another investment that was earning interest at 5.50% compounded monthly.
Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. 4 1 7 ratio : 3 9 11 Stocks: $ Bonds: $ • Mutual Funds: $
Country Day's scholarship fund receives a gift of $ 135000. The money is invested in stocks, bonds, and CDs. CDs pay 3 % interest, bonds pay 2.4 % interest, and stocks pay 11.8 % interest. Country day invests $ 25000 more in bonds than in CDs. If the annual income from the investments is $ 10850 , how much was invested in each vehicle?
Maricopa's Success scholarship fund receives a gift of $ 115000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 % interest, bonds pay 5.7 % interest, and stocks pay 8.9 % interest. Maricopa Success invests $ 35000 more in bonds than in CDs. If the annual income from the investments is $ 7845 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: D Video Submit Question

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