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?
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?
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 2PROB
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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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