6
QuizMultiple Choice

Building a Portfolio — Quiz

Question 6 • Financial Math

Milena's portfolio: Start date: January 1, 2023 Fixed investment: $⁢8,000 in a savings account with a fixed annual interest rate of 3% over one year Variable investment: 100 shares of Stock A, purchased at $⁢50 per share, now valued at $⁢55 per share after one year On January 1, 2024, what is the current value of Milena's portfolio?

Answer
A
13 dollars comma 740
B
13 dollars comma 000
C
13 dollars comma 240
D
13 dollars comma 500
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