Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. mia invests $5,000 in an index fund. after 1 year,

Mia invests $5,000 in an index fund. After 1 year, the fund's share price has...

60.1K

Verified Solution

Question

Finance

Mia invests $5,000 in an index fund. After 1 year, the fund's share price has increased by 9%. How much did Mia gain?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

When a habitat is destroyed and replaced with one species, a monoculture, this directly results...

Biology
Q

Find the local maximum and minimum values and saddle point(s) of the function. If you have...

Advance Math
Q

"Rabies has a strictly mammalian reservoir host including bats, skunks, raccoons, cats and canines" TrueFalse

Biology
Q

A scientist is studying an African savanna ecosystem located in Serengeti National Park An image...

Biology
Q

A block of mass 2 kg is free to move along the x axis It...

Physics
Q

Use the formula V W h for the volume V of a right circular cone...

Basic Math
Q

The graph of F x shown below has the same shape as the graph of...

Algebra
Q

As an example, a large company that you know about that would have many units...

Accounting
Q

Which of the below statements is correct? Both notes payable and unearned ticket sales...

Accounting
Q

Required information [The following information applies to the questions displayed below.] Athletic Performance Company (APC)...

Accounting
Q

the answer must be clear and need typed answer Draft a bilateral contract...

Accounting
Q

Cordova manufactures three types of stained glass windows, cleverly named Products A, B, and C....

Accounting