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Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the...

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Finance

Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the following information:

Year Investment Amount Price per Share
2013 $ 3,000 $ 40
2014 3,000 45
2015 3,000 42
2016 3,000 50

(a)

At the end of four years, what is the total amount invested?

(b)

At the end of four years, what is the total number of mutual fund shares purchased? (Round your intermediate calculations and answer to 1 decimal place.)

(c)

At the end of four years, what is the average cost for each mutual fund share? (Round your intermediate calculations to 1 decimal place and answer to 2 decimal places.)

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