over a four-year period, matt purchased shares in the barreau du quebec canadian equity fund. using the following information, answer the following questions. year investment amount price per share 2004 $3,000 $40 per share 2005 $3,000 $50 per share 2006 $3,000 $60 per share 2007 $3,000 $45 per share a at the end of four years, what is the total amount invested? what is the total number of mutual fund shares, and the aqverage cost of each mutual fund shares?

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ISBN:9781337671743
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Chapter5: The Cost Of Money (interest Rates)
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over a four-year period, matt purchased shares in the barreau du quebec canadian equity fund. using the following information, answer the following questions.

year investment amount price per share

2004 $3,000 $40 per share

2005 $3,000 $50 per share

2006 $3,000 $60 per share

2007 $3,000 $45 per share a

at the end of four years,

what is the total amount invested? what is the total number of mutual fund shares, and the aqverage cost of each mutual fund shares?

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