Will fan and medal! Can anybody check I did this right?
Stacey Warren - Expert brainly.com
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Investment Amount Invested ROR
Certificate of Deposit $6,800 1.4%
US Treasury Bond $9,300 2.6%
Common Stock $10,335 6.5%
Preferred Stock $5,053 -2.3%
What is his weighted ROR?
This is the question and the possible answers, if anybody could show me how to get the weighted ROR I would be really grateful.
I think the answer is 2.00% because if you set them up in order from least to greatest
-2.3%, 1.4%, 2.6%, 6.5%
The center is 1.4% and 2.6% so if I add them i get 4 and then divide it by 2 which is 2. Can anybody tell me if I did this right?