Question

If a person invested half of the amount at 10% interest, 1/3rd at 9% interest, remaining at 12% interest, find his average interest gained

Answer 1

In addition, preferred stock usually comes with a letter designation at the end of the security. This extra letter does not mean that any exclusive rights exist for the shareholders but it does let investors know that the shares are considered for such, however, these rights or privileges may change based on the decisions made by the underlying company.

Answer 2

Answer:

see the attachment ....