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Ari9aMa0rbrandrejo
Ari9aMa0rbrandrejo Ari9aMa0rbrandrejo
  • 02-06-2016
  • Mathematics
Answered

You invested $1,200 in a mutual fund. Your account now has a value of $1,333. what was your gain?

Verified Answer :

Hagrid
Hagrid Hagrid
  • 05-06-2016

You have invested 1200 dollars in your mutual fund and now gained 1333 dollars. First let's solve how much money added to your investment.
=> 1333 - 1200 = 133 dollars was added to your account
=> 133 / 1200 = 0.11 
Next, lets convert this to decimal value.
=> 0.11 * 100% = 11% was added to you investment.

Answer Link
cmaingon1 cmaingon1
  • 01-06-2020

Answer:

133

Step-by-step explanation:

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