
06013780
j
2012b.01024
Vest, Floyd
Profit in a mutual fund.
UMAP J. 32, No. 3, 187198 (2011).
2011
COMAP (Consortium for Mathematics and Its Applications), Bedford, MA
EN
M35
financial mathematics
economics
mathematical applications
Summary: Given a simulation of an annual mutual fund statement, the author discusses how to calculate profit, additional shares awarded from dividends, and account value at the end of the year. He provides solutions to selected exercises given at the end of the article.