11.3k views
0 votes
Alexandra invested 40% of his money in mutual funds, 40% in real estate, and 20% in stocks. If the value of the money that he invested in mutual funds, real estate, and stocks grew by 2%, 7%, and 11% respectively, what was the average growth on his total investment?

Answer is: 5.80%
I don't know the steps to get this answer

User Hanz
by
8.7k points

1 Answer

2 votes

Answer:

5.80

Explanation:

just to make the answer

User Willdanceforfun
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories