Question 6 of 6 Desert Company invests its annual savings in different mutual funds. In 2014, they invested $13,500 in high-growth funds, $3,500 in medium-growth funds, and $6,000 in low-growth funds. If the value of their low growth funds dropped by 8.60% this year, while the rest stayed the same, by what percent did the total value of the investments change? 0.00 % Round to two decimal places

Question 6 of 6 Desert Company invests its annual savings in different mutual funds. In 2014, they invested $13,500 in high-growth funds, $3,500 in medium-growth funds, and $6,000 in low-growth funds. If the value of their low growth funds dropped by 8.60% this year, while the rest stayed the same, by what percent did the total value of the investments change? 0.00 % Round to two decimal places

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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