An investment portfolio is shown below.

Investment Amount Invested ROR
Savings Account $2,600 1.7%
Municipal Bond $3,700 3.2%
Preferred Stock $575 12.9%
Common Stock A $1,225 −5.6%

Using technology, calculate the weighted average ROR of the investments. Round to the nearest tenth of a percent.
2.1%

3.1%

5.9%

7.5%

Question

06-10-2022
Mathematics

Answered

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An investment portfolio is shown below.

Investment Amount Invested ROR
Savings Account $2,600 1.7%
Municipal Bond $3,700 3.2%
Preferred Stock $575 12.9%
Common Stock A $1,225 −5.6%

Using technology, calculate the weighted average ROR of the investments. Round to the nearest tenth of a percent.
2.1%

3.1%

5.9%

7.5%

Sagot :

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