ne days to maturity for a sample of five money market funds are shown here. Days to Maturity 18 14 7 6 5 Dollar Value ($ millions) 10 10 25 dollar amounts invested in the funds are provided. 15 20 Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places.
ne days to maturity for a sample of five money market funds are shown here. Days to Maturity 18 14 7 6 5 Dollar Value ($ millions) 10 10 25 dollar amounts invested in the funds are provided. 15 20 Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
Dollar Value
($ millions)
18
10
10
25
15
20
14
7
6
5
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your
answer to 2 decimal places.
days
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