You are considering investing in a no-load mutual fund with an annual expense ratio of 0.5% and an annual 12b-1 fee of 0.65%. You could also invest in a bank CD paying 6.0% per year. What minimum annual rate of return must the fund earn to make you better off in the fund than in the CD?

Answer tom cotton owes sams garage;

Dfree trade did it ?                                                                                                                                                                                                              

Answerchannel of distribution;

Combining the emissions released by fossil fuel burning and  the carbon released via land use change, we get a total of 8.7 gt. since the problem states that the oceans "take up" or sequester  2.4 gt carbon  per year, we subtract that value from 8.7 gt, leaving us with 6.3 gt of carbon. since the problem states that 3.4 gt carbon dioxide emissions end up in the atmosphere, the "missing sink" of carbon takes up 2.9 gt, a value we got by subtracting the 3.4 gt amount recorded from the 6.3 gt carbon left available after the oceans sequester the carbon dioxide.