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4 November, 05:43

You invested $1,200 in a mutual fund. Your account now has a value of $1,333. what was your gain?

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  1. 4 November, 08:43
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    You have invested 1200 dollars in your mutual fund and now gained 1333 dollars. First let's solve how much money added to your investment.

    => 1333 - 1200 = 133 dollars was added to your account

    => 133 / 1200 = 0.11

    Next, lets convert this to decimal value.

    => 0.11 * 100% = 11% was added to you investment.
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