The returns from an investment are 4% in year 1, 7% in year 2, and 10.8% in the first half of year 3. calculate the annualized return for the entire period.

7.23%

Step-by-step explanation:

Given that returns from  an investment are 4% in Year 1, 7% in Year 2, and 10.8% in the first half of Year 3.

Let amount invested initally be    100

Interest in I year =

Amount at end of year I                =104

Interest at 7%          

Amount at year2 nd                    =111.28

Interest for year 3 10.8%             =  12.01824

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Amount at end of 3 years           = 123.29824

Thus for amount invested 100 dollars, at 3 years final amount = 123.29824

Hence effective rate  for entire period compounded annually would be

-1

=1.0723-1

=0.0723

=7.23%

answer:

step-by-step explanation:

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1