Complete the following problems and show your work to receive full credit for each problem. 1. Christina also invests $15,412 but instead chooses to invest into a passively managed index fund that is linked to the S&P 500, with an expense ratio of 0.8%. Her investment also earns a 5.1% rate of return. a. How much profit did she make in one year on her investment with the 5.1% rate of return? b. How much does she pay in fees for her passively managed index fund? c. At the end of the year, what’s the total value (AFTER FEES) of Christina’s mutual fund?

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation:

8.75

how-to:

first, we need to find what we have to work with.

since i know that we have 7 (years) and 0.8 (inches), we can use these to solve and find the equation!

secondly, what you want to do, is see that we need to know how much growth out of the 0.8 inches he got in only 1 year, instead of 7 years.

let's try to divide.

7 ÷ 0.8 = 8.75

the answer is b 4pi/3

got it down chief.