Using technology, calculate the weighted mean of the rors for each portfolio. based on the results, which list shows a comparison of the overall performance of the portfolios, from best to worst? portfolio 3, portfolio 1, portfolio 2 portfolio 2, portfolio 3, portfolio 1 portfolio 1, portfolio 2, portfolio 3 portfolio 3, portfolio 2, portfolio 1

Answers

Answer 1

Option B is the correct choice.

Based on the findings, the following list compares the portfolios' overall performances, ranking them from best to worst:

Portfolios 2, 3, and 1, respectively.

The weighted average ROR is calculated by adding the rates of return on the portfolio's assets and the percentage of the portfolio that is invested in each investment.

For Portfolio 1:

Total Investment= $700 + $2575 + $220 + $1000 + $1430 = $5925

Therefore, total investment = $5,925

Weighted Average ROR= (-3.8% * $700) / $5925 + (2.1% * $2575) / $5925 + (11.3% * $220) / $5925 + (5.8% * $1000) / $5925 + (1.6% * $1430) / $5925

WAROR = (-0.0045) + 0.0091 + 0.0042 + 0.0098 + 0.0039 = 0.0225

Therefore, the Weighted Average ROR= 2.25% (third)

For Portfolio 2:

Total Investment = $1250 + $1700 + $1515 + $1345 + $1,675 = $7485

Therefore, Total Investment = $7,485

Weighted Average ROR = (-3.8% * $1250) / $7485 + (2.1% * $1700) / $7485 + (11.3% * $1515) / $7485 + (5.8% * $1345) / $7485 + (1.6% * $1,675) / $7485

= (-0.0063) + 0.0048 + 0.0229 + 0.0104 + 0.0036 = 0.0354

Therefore, the Weighted Average ROR = 3.54% (first)

For Portfolio 3:

Total Investment = $1025 + $500 + $790 + $250 + $2500 = $5065

Therefore, Total Investment = $5,065

Weighted Average ROR = (-3.8% * $1025) / $5065 + (2.1% * $500) / $5065 + (11.3% * $790) / $5065 + (5.8% * $250) / $5065 + (1.6% * $2,500) / $5065

= (-0.0077) + 0.0021 + 0.0176 + 0.0029 + 0.0079 = 0.0228

Therefore, Weighted Average ROR = 2.28% (second)

Therefore, the correct order of portfolios based on the performance from best to worst will be:

Portfolio 2, Portfolio 3, and Portfolio 1. (Option B)

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COMPLETE QUESTION:

ROR Portfolio 1 Portfolio 2 Portfolio 3 −3.8% $700 $1,250 $1,025 2.1% $2,575 $1,700 $500 11.3% $220 $1,515 $790 5.8% $1,000 $1,345 $250 1.6% $1,430 $1,675 $2,500 Using technology, calculate the weighted average of the RORs for each portfolio. Based on the results, which list shows a comparison of the overall performance of the portfolios, from best to worst?

A) Portfolio 1, Portfolio 3, Portfolio 2

B) Portfolio 2, Portfolio 3, Portfolio 1

C) Portfolio 1, Portfolio 2, Portfolio 3

D) Portfolio 3, Portfolio 2, Portfolio 1


Related Questions

2.2(s + 1) 14.7 = 5.1

Answers

Answer:-454/539

Step-by-step explanation:32.34(s+1)=5.1

                                            32.34s+32.34=5.1

                                            32.34s=5.1-32.34

                                            32.34s=-27.24

                                            s=-454/539

Triangle FGH has vertices F(-3, 4), G(2, 0), and H(-1, -2). Graph AFGH and its image after a rotation of 180° about (-3, -6).

Answers

Answer:

Im gonna assume its counter clockwise (excuse the bad drawing)

Step-by-step explanation:

The vertices of triangle F'G'H' after a rotation of 180° about (-3, -6) are F'(0, 10), G'(5, 6) and H'(2, 4).

What is rotation?

Rotations are transformations that turn a shape around a fixed point. To rotate a shape we need: a centre of rotation. an angle of rotation (given in degrees) a direction of rotation – either clockwise or anti-clockwise.

Given that, triangle FGH has vertices F(-3, 4), G(2, 0), and H(-1, -2).

180° clockwise and counterclockwise rotation: (x, y) becomes (-x,-y).

So, (x, y) → (x+3, y+6)

F(-3, 4) → (-3+3, 4+6) → F'(0, 10)

G(2, 0) → (2+3, 0+6) → G'(5, 6)

H(-1, -2) → (-1+3, -2+6) → H'(2, 4)

Therefore, the vertices of triangle F'G'H' after a rotation of 180° about (-3, -6) are F'(0, 10), G'(5, 6) and H'(2, 4).

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By increasing the pendulum's mass and releasing the pendulum from a greater height the maximum potential energy
will increase and the maximum kinetic energy will decrease.

Answers

Answer: False

Step-by-step explanation:The potential energy will decrease and the kinetic will increase

PAGE 6
7. Maymont Middle School is selling tickets for the winter musical. Adult tickets cost $5 each and child
tickets cost $3 each.
a. Write a mathematical equation that represents the total cost, t, for a adult tickets and c child tickets.
b. Ciera has $28. Could she buy 2 adult tickets and 7 child tickets? Use your equation from part a. to show
your work.
c. Jaylen has $22. If he buys 2 adult tickets, how many child tickets can he buy? Show your work.
C2022 Iluminate Education, Inc.
Question
Edit ->
Edit ->
Ĉ
Question 7b
Ĉ
Fo
Form

Answers

a) A mathematical equation that represents the total cost, t, for a adult tickets and c child tickets is t = $5a + $3c.

b)No, she cannot buy 2 adult tickets and 7 child tickets.

Define equation.

Mathematical equations are relationships between two expressions that are equal on both sides of the equal to sign. An equation is, for instance, 3y = 16.

Given,

Maymont Middle School is selling tickets for the winter musical. Adult tickets cost $5 each and child tickets cost $3 each.

a) Mathematical equation:

represents the total cost, t, for a adult tickets and c child tickets

t = $5a + $3c

A mathematical equation that represents the total cost, t, for a adult tickets and c child tickets is t = $5a + $3c.

b) Ciera has $28.

a = 2 c = 7

Equating values in equation,

= $5(2) + $3(7)

= $10 + $27

= $37

No, she cannot buy 2 adult tickets and 7 child tickets.

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a passenger train traveled 240 miles in the same amount of time it took a freight train to travel miles. the rate of the freight train was miles per hour slower than the rate of the passenger train. find the rate of the passenger train.

Answers

The rate of the passenger train is 60mph.

We know that,

Speed = Distance / Time

Time = Distance / Speed

s = speed of passenger train

speed of freight train = (s - 20)

T = 240 / s

T = 160 / (s-20)

240 / s = 160 / (s-20)

240(s - 20)/s(s - 20) = 160s/s(s - 20)

240(s - 20)/s(s - 20) - 160s/s(s - 20) = 0

240(s - 20) - 160s = 0s(s - 20)

240s - 4800 - 160s = 0

80s - 4800 = 0

80s = 4800

Hence the speed of the freight train is 40mph, while the speed of the passenger train is 60mph.

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Use remainder theorem for x^3+8x^2+11x-20 by (x+4)

Answers

Answer:

x^3 + 64 + 11x - 20bxy - 80by

(if I am wrong, apologies)

Answer:

x^2+4x-5

Step-by-step explanation:

x^3+8x^2+11x-20/x+4=x^2+4x-5

You deposit $3000 in an account that
earns simple interet at an annual rate of
5%. How long must you leave the money
in the account to earn $500 in interest?

Answers

Answer:

3 ¹/₃ years

Step-by-step explanation:

Simple Interest Formula

I = Prt

where:

I = Total interest.P = Principal amount.r = Annual interest rate (in decimal form).t = Time (in years).

Given:

I  = $500P = $3,000r = 5% = 0.05

Substitute the given values into the formula and solve for t:

[tex]\sf \implies 500=3000 \times 0.05 \times t[/tex]

[tex]\sf \implies 500=150t[/tex]

[tex]\sf \implies t=\dfrac{500}{150}[/tex]

[tex]\implies \sf t=3\frac{1}{3}[/tex]

Therefore, the money must be left in the account for 3 ¹/₃ years for the account to earn $500 interest.

The Question: An employer provides two payment options for employees.
Option A: Receive $200 the first week. Receive an additional $50 for each of the following weeks.
Option B: Receive $200 the first week. Receive an additional 10% for each of the following weeks.

My Answer: Option A; 200, 250, 300, 350, 400, 450. Option B; 200, 220, 242, 266.2, 292.82, 322.1

Am I correct?

Answers

Answer:

Your first option is correct but your second is wrong

Step-by-step explanation:

In option b-

when an employee receives 10% additional for each of the following weeks:

10% of 200=  10/100 x200= 20

it means he will get $20 in extra in every week

so it will be- 220,240,260

a gardener has 1040 feet of fencing to fence in a rectangular garden. one side of the garden is bordered by a river and so it does not need any fencing. garden bordered by a river what dimensions would guarantee that the garden has the greatest possible area?

Answers

The dimensions 520 by 360 feet would guarantee that the garden has the greatest possible area .

Let length be l and width be b of garden .

According to question ,

l + 2b = 1040

Area of garden = l * b

Substituting value of l in formula for area ,

Area = ( 1040 - 2b ) * b = 1040b - 2[tex]b^{2}[/tex]

Taking derivative of Area wrt. b and putting it equal to 0 ,

1040 - 4b = 0

b = 1040 / 4

b = 260 feet

Therefore , l = 1040 - 520 = 520 feet .

Maximum Area = 260 * 520 = 135200 [tex]feet^{2}[/tex] .

Hence , the dimensions 520 by 360 feet would guarantee that the garden has the greatest possible area .

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what's the answer to

m + 6n; use m = 6, and n = 6​

Answers

Answer:

Step-by-step explanation:

1. Put the variable as numbers in the computation. m=6 and n=6

SO:

6+6*6

2. Compute using Pemdas( Parentheses, exponets,multiplication, division, addition, subtraction)! Or order of operations!

6+36= 42

Answer: 42

When y=9, the value of y² - 1 is

Answers

Answer: 80:

Plug 9 into y.
y^2 - 1
(9)^2 - 1
81 - 1
80

for g(x)=x to the power of 2 minus x, find g(x) when x=-2

Answers

The value of the function g(x) when x = -2 is 6

How to evaluate the function?

The definition of the function is given as

g(x)=x to the power of 2 minus x

Rewrite the above function properly

So, we have the following representation

g(x) = x² - x

To find the function g(-2), we set the value of x in the equation g(x) = x² - x to -2

This is represented by

Calculate g(x), when x = -2

Substitute -2 for x in the equation g(x) = x² - x

So, we have the following equation

g(-2) = (-2)² - (-2)

Evaluate the exponents

This gives

g(-2) = 4 - (-2)

Evaluate the sum

g(-2) = 6

Hence, the value of the function is 6

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3) Justin made some cookies for the holiday. She baked 10 sugar cookies, 18 chocolate chip cookies, and 15 ginger cookies. What is the ratio of sugar cookies to ginger cookies in simplest form?​

Answers

18:15

Divide each by GCF of 3

6:5 ——> answer

an important issue facing americans is the large number of medical malpractice lawsuits and the expenses that they generate. in a study of 1228 randomly selected medical malpractice lawsuits, it is found that 856 of them were later dropped or dismissed (based on data from the physician insurers association of america). construct a 99% confidence interval estimate of the proportion of medical malpractice lawsuits that are dropped or dismissed.

Answers

About [0.7479, 0.8091] of medical malpractice cases are abandoned or dismissed, according to the estimate with a 95% confidence level.

A confidence interval is a method for estimating a population parameter, such as the population proportion, at a given level of confidence, using the sample statistic, such as the sample proportion, and the confidence coefficient, such as the critical value.

arbitrary sample size, n = 1228

number of those who were dropped or dismissed, x = 856

The sample percentage of later discarded or dropped, p = 956 / 1228 ≅ 0.7785

Level of confidence = 0.99

Level of significance α = 0.01

The population proportion's 99% confidence interval estimate is calculated as follows:

p ± [tex]z_{a/2}[/tex] * [tex]\sqrt\frac{p (1 - p)}{n}[/tex]

Using the Excel function or the z-distribution table for calculation

[tex]z_{a/2} = z_{0.01/2} = z_{0.005}[/tex]

=NORMSINV(0.05)

[tex]z_{0.01/2}[/tex] ≅ ±2.58

The interval's computation is as follows:

0.7785 ± 2.58 * [tex]\sqrt\frac{0.7785 (1 - 0.7785)}{1228}[/tex]

= 0.7785 ± 2.58 * 0.0118

= = 0.7785 ± 0.0306

(0.7479, 0.8091)

As a result, the estimate of the proportion of medical malpractice claims that are withdrawn or dismissed at a 99 percent confidence interval is roughly [0.7479, 0.8091].

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Forty students in the second grade class listed their hair and eye colors in the table below:
Brown hair Blonde hair Total
Blue Eyes 5 12 17
Brown Eyes 16 7 23
21 19 40
Are the events “blonde hair” and “brown eyes” independent?

Answers

The events “blonde hair” and “brown eyes” are not independent.

What are independent events?

The term "independent events" refers to those whose occurrence is not reliant on another event.

When two events A and B are independent then the intersection of the two events is equal to zero. i.e. They do not have any element in common.

But from the given table we can see that the intersection of the events of  "blonde hair" and "brown eyes" exists.

Therefore, the events "blonde hair" and "brown eyes" are not independent.

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{2x+7y=-20
{x-3y=16
Solve for systems of equations

Answers

By solving the linear equations we get the final values of x = 4 & y = 4.

What is the linear equation?

A linear equation is an algebraic equation of the form y=mx + b, where m is the slope and b is the y-intercept, and only a constant and a first-order  term are included.

We have,

               2x + 7y = -20           ----------(i)

                x - 3y = 16               ----------(ii)

By multiplying equation (ii) with 2 we get,

               2x + 7y = -20 ---------(III)

               2x - 6y = 32 -----------(IV)

taking subtraction of equations (III) and (IV), we get

               y = 4

by putting value of y in equation (ii) we get,

               x = 4

Hence by solving the linear equations we get the values of x = 4 & y = 4.  

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A gigameter is 1.0×10^6 kilometers. How many square kilometers are in 5 square gigameters?

Write your answer in scientific notation.

Answers

The number of kilometers in 5 square gigameters is  5. 0 × 10^18

What is proportion?

Proportion can be described as an expression or equation in which two ratios are made equal to each other.

It is also known as the mathematical comparison between two numbers or elements.

From the information given, we have;

1 gigameter = 1.0×10^6 kilometers

But,

5 square gigameters = 5. 1.0×10^6 . 1.0×10^6

Add the powers

5 square gigameters = 5..0×10^12

If 1 gigameter = 1.0×10^6 kilometers

Then 5. 1.0×10^12 gigameter = x

cross multiply

x = 5.0×10^12 ×  1.0×10^6

x = 5. 0 × 10^18 kilometers

Hence, the value is 5. 0 × 10^18 kilometers

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PLEASE PLEASE HELP ME WITH THIS QUESTION Two systems of equations are given below.
For each system, choose the best description of its solution.
If applicable, give the solution.

Answers

I think for question a it’s the last one and for b it’s the second one I’m not sure though sorry

Absolutely value equations |m-2|-1=4

Answers

The value of 'm' in the absolute value equation is 3

What is a linear equation?

A linear equation can be described as an equation having the highest power of the variable as 1.

It is also referred to as a one-degree equation.

Example;

x + 1 = 4

What is absolute value?

Absolute value of a number can be defined as the value of that number irrespective of its direction to zero on the number line.

The value must take a positive sign.

The symbol used to represent the absolute value of a number is '| '

We have the equation;

|m-2|-1=4

Let's take the absolute value

m + 2 - 1 = 4

Now, collect like terms, we get;

m = 4 - 1

Add or subtract like terms

m = 3

Hence, the value is 3

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Sutton takes 48 minutes to walk to work. after getting a new job, sutton takes 30.72 minutes to walk to work. what was the percent decrease in the travel time?

Answers

The percent decrease in the travel time after getting a new job is 36%.

Percentage is defined as part of a whole expressed in hundredths or out of 100. It is usually written with the symbol "%".

First, determine the decrease in travel time after getting a new job by subtracting the new travel time of 30.72 minutes from the initial travel time of 48 minutes.

decrease in time = 48 - 30.72

decrease in time = 17.28

Then, determine the percent decrease by dividing the decrease in time of 17.28 minutes by the initial travel time of 48 minutes and multiply by 100.

percent decrease = (17.28 / 48) x 100

percent decrease = 36%

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a homeowner wants to fence in a rectangular space in her yard along one side of her house for her dogs. the total area she can fence in is 650 square feet.
write an expression to find the area of the fenced region.

Answers

The required expression for the fenced region is lw = 650.

Given that,
A homeowner wants to fence in a rectangular space in her yard along one side of her house for her dogs. the total area she can fence in is 650 square feet.

What is a rectangle?

The rectangle is 4 sided geometric shape whose opposites are equal in length and all angles are about 90°.

Here,
Let the length of the area be l and the width of the area be w,
The total area she can fence in is 650 square feet.
lw = 650

Thus, the required expression for the fenced region is lw = 650.

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in a class of 150 students the ratio of boys to girls is 3 2 how many more boys than girls are in the class

Answers

The number of  boys and girls in a class of 150 students is 90 and 60 respectively.

RATIO:

Comparing two quantities of the same units and determining the ratio tells us how much of one quantity is in the other.

i.e., it shows how many times a number contains another.

Total number of students = 150

ratio of boys to girls = 3 : 2

B:G = 3 : 2

now

3x + 2x = 150

5x = 150

x = 30

the number of boys = 3x = 3 X 30 = 90 boys.

the number of girls = 2x = 2 X 30 = 60 girls.

The number of  boys and girls in a class of 150 students is 90 and 60 respectively.

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Nora leans a 24-foot ladder against a wall so that it forms an angle of 76^{\circ} ∘ with the ground. How high up the wall does the ladder reach? Round your answer to the nearest hundredth of a foot if necessary.

Answers

Answer:

23.29 ft

Step-by-step explanation:

The given scenario can be modelled as a right triangle, where the angle between the ground and the ladder is 76°, the side opposite the angle is the height the ladder reaches up the wall, and the hypotenuse is the ladder.

To find how high up the wall the ladder reaches, use the sine trigonometric ratio:

[tex]\sin(\theta)=\sf \dfrac{O}{H}[/tex]

where:

θ is the angle.O is the side opposite the angle.H is the hypotenuse (the side opposite the right angle).

The angle of elevation is 76°, so θ = 76°.

Let x be the height the ladder reaches up the wall, so O = x.

H is the length of the ladder, so H = 24.

Substitute the given values into the sine ratio and round the answer to the nearest hundredth:

[tex]\sin(\theta)=\sf \dfrac{O}{H}[/tex]

[tex]\sin(76^{\circ})= \dfrac{x}{24}[/tex]

[tex]\sin(76^{\circ})\cdot 24= \dfrac{x}{24}\cdot 24[/tex]

[tex]24 \sin(76^{\circ})= x[/tex]

[tex]x=24 \sin(76^{\circ})[/tex]

[tex]x=23.28709743...[/tex]

[tex]x=23.29\; \sf ft\;(nearest\;hundredth)[/tex]

Therefore, the ladder reaches 23.29 ft up the wall, rounded to the nearest hundredth.

1. Name a plane parallel to plane WXT
2. Name two segments parallel to VU.
3. Name two segments parallel to SW.
4. Name two segments skew to XY.
5. Name two segments skew to VZ.

Answers

The plane which is parallel to the line WXT is UVZW

two segments parallel to VU is ST and WX

two segments skew to XY is UT

two segments skew to VZ is YU and TX

What are parallel lines ?

Lines that are always the same distance apart in a plane are said to be parallel. Lines that are parallel never cross. Lines that cross at a straight angle (90 degrees) are said to be perpendicular.

Given : The quadrilateral prism

Parallel lines means lines which does not interact and run parallel meaning they have equal distance between them.

The plane which is parallel to the line WXT is UVZW

two segments parallel to VU is ST and WX

two segments skew to XY is UT

two segments skew to VZ is YU and TX

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A 12 pack of sodas is priced at $5.40 and a 16 pack of sodas is priced at $6.72. Which is a better buy?

Answers

Answer:

Step-by-step explanation:

5.40/12= 0.45

6.72/16=0.42

Answer:

The 16 pack

Step-by-step explanation:

Pack 1: $5.40 for 12

Find the price per soda by dividing the price by 12: $5.40 / 12 = $0.45 per can

Pack 2: $6.72 for 16

Find the price per soda by dividing the price by 16: $6.72 / 16 = $0.42

Therefore the 16 pack is the better buy because you purchase an extra 4 sodas for $0.03 less.

PLEASE HELP!! WILL GIVE BRAINLIEST

The mass of a test sample is 10g, and it has the volume of 2.5cm^3 . What is its density?

A. 10g/cm^3
B. 2.5cm^3/g
C. 4g/cm^3
D. 4cm^3/g
E. 0.25g/cm^3

Answers

Density of the mass of a test sample is 10g, and it has the volume of 2.5cm^3 is 4 g/cm³.

Define density.

The ratio of an object's mass to its volume is its density. Grams per cubic centimeter, or g/cm³, are frequently used to measure density. Keep in mind that a volume is measured in cubic centimeters, not gram (the same volume as 1 milliliter). More particles will make a box denser than fewer particles in the same box. Despite the fact that the SI unit of density is kg/m³, we instead use g/cm³ for solids, g/ml for liquids, and g/L for gases out of convenience. The relationship between a substance's mass and the volume it occupies is known as its density.

Given,

Volume = 2.5 cm³

Mass = 10 g

For density:

Mass ÷ volume

10 ÷ 2.5

4

Density of the mass of a test sample is 10g, and it has the volume of 2.5cm^3 is 4 g/cm³.

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Can anyone answer question 8?

Answers

the vertex would be the points of the intersection

I need help understanding domain and range better. I am in algebra 1 in high school freshmen

Answers

The domain and the range of a function have the concepts given as follows:

Domain: input values of a function/relation.Range: output values of a function/relation.

What are the domain and range of a function?

The domain of a function or of a relation is the set that contains all possible input values. Hence, among possible representations, we have that:

In a graph, the domain is composed by the values of x.In a relation of points (x,y), the domain is also composed by all the values of x.For a function, the domain is composed by all values that respect the restrictions of a function. For example, in a fraction, the domain is composed by all values for which the denominator is not zero.

The range of a function or of a relation is the set that contains all possible output values. Hence, among possible representations, we have that:

In a graph, the domain is composed by the values of y.In a relation of points (x,y), the domain is also composed by all the values of y.For a function, the range is composed by all the numeric values assumed by the function inside it's domain.

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there are 5 major sea islands in the queen elizabeth islands of canada that you are interested in visiting. there are 12 major lakes in saskatchewan, canada that you would also like to visit. (a) if you are planning a trip to visit one of these islands, followed by one of these lakes, how many different trips could you make?

Answers

The person can make 60 trips.

Let us say that A indicates the major sea Islands and B indicates the major lakes. Taking both the cases as events, we will use multiplication principle. Based on the information, the event A occurs in m ways and the event B will occur in n ways. So, the two events will occur in m×n ways.

Thus, A × B = 5 × 12

Performing multiplication on Right Hand Side of the equation to find the number of trips

Total number of trips = 60

Hence, there are 60 trips that could be made.

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The ratio of money in Brian's wallet to
Colin's wallet one day was 7:2.
Brian spent £39 that day.
Brian now had £4 less than Colin.
How much did Brian initially have?

Answers

Brian has  £63 Initially, by using the ratio and proportion method.

What are Ratio and Proportion?

In this section, the terms ratio and percentage are defined. Both ideas play a significant role in mathematics. Numerous examples where the notion of the ratio is highlighted may be found in daily life, such as the rate of speed (distance/time) or price (rupees/meter) of a substance.

An equation known as proportion shows that the two ratios presented are equal to one another. For instance, the time it takes a train to go 100 kilometers per hour is equal to the time it needs to travel 500 kilometers in five hours. Example: 100 km/hr = 500 km/5 hour. The division technique of comparing two amounts can be quite effective in some circumstances. We can argue that a ratio is a comparison or condensed form of two quantities of the same type. We may determine how many times one quantity is equal to another using this relationship. The ratio may be defined as the number that can be used to represent one quantity as a percentage of another. Only when the two numbers in a ratio have the same unit can they be compared. Ratios are used to compare two objects. A ratio is indicated by the symbol ":".

In the question, It is given that:

The ratio of money in Brian's wallet to Colin's wallet one day was 7:2.

Let 7x denotes the amount in Brian's wallet and 2x denote the amount in  Colin's wallet on that day.

we know that:

Brian spent £39 that day.

Amount left in Brian's wallet = 7x- 39

Brian now had £4 less than Colin.

⇒ 2x -4= 7x- 39

⇒  7x-2x=4+39

⇒  5x=35

⇒  x=7   [Divide both sides by 5 ]

So , The initial amount in Brian's wallet  = 7(7)= £49

The initial amount in Colin's wallet = 2(7)= £14

The amount they had together =  £49+£14 = £63

So, They had £63 altogether initially.

Therefore, Brian has  £63 Initially.

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Answer: £14

Step-by-step explanation: Because Hegarty Maths says it is when I got this same Question Wrong :(

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