Question

Trevor buys 80 shares of upton group and 70 shares of tjh small-cap. what is trevor’s total investment?

Answer 1

c) $2,850.30, you just multiply the uptown share price by 80 and then the tjh share price by 70 and add and then you get 2,850.3

Answer 2

The correct answer is $2,850.30.

Step-by-step explanation:

I had to look for the complete exercise to understand the data that has the problem.

"Use the information in the table below to answer the following question.

Name of Fund

NAV

Offer Price

Upton Group

$18.47

$18.96

Green Energy

$17.29

$18.01

TJH Small-Cap

$18.43

$19.05

WHI Health

$20.96

NL

Now we multiply the number of shares by the Offer Price as indicated in the table above.

Total Investment = (80 * $18.96) + (70 * $19.05) = $2,850.30

Have a nice day!