Two investment portfolios are shown with the amount of money placed in each investment and the ROR.

Investment Portfolio 1 Portfolio 2 ROR
Tech Company Stock $2,300 $1,575 2.35%
Government Bond $3,100 $2,100 1.96%
Junk Bond $650 $795 10.45%
Common Stock $1,800 $1,900 −2.59%

Which portfolio has a higher total weighted mean amount of money, and by how much?
Portfolio 1 has the higher total weighted mean amount of money by $24.08.
Portfolio 2 has the higher total weighted mean amount of money by $24.08.
Portfolio 1 has the higher total weighted mean amount of money by $18.90.
Portfolio 2 has the higher total weighted mean amount of money by $18.90.

Question

Two investment portfolios are shown with the amount of money placed in each investment and the ROR.

Investment	Portfolio 1	Portfolio 2	ROR
Tech Company Stock	$2,300	$1,575	2.35%
Government Bond	$3,100	$2,100	1.96%
Junk Bond	$650	$795	10.45%
Common Stock	$1,800	$1,900	−2.59%

Which portfolio has a higher total weighted mean amount of money, and by how much?
 Portfolio 1 has the higher total weighted mean amount of money by $24.08.
 Portfolio 2 has the higher total weighted mean amount of money by $24.08.
 Portfolio 1 has the higher total weighted mean amount of money by $18.90.
 Portfolio 2 has the higher total weighted mean amount of money by $18.90.

Thayes · Answer

Portfolio 1 has the higher total weighted mean amount of money by $24.08.