A college student has three assets: $10,000 in a 529 college plan, which is expected to return 8%, $2,000 in savings bonds, which are expected to return 2%, and $500 of baseball cards, which are expected to return 40%. What is the weighted expected return of the college student's assets?

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The Answer of A college student has three assets: $10,000 in a 529 college plan, which is expected to return 8%, $2,000 in savings bonds, which are expected to return 2%, and $500 of baseball cards, which are expected to return 40%. What is the weighted expected return of the college student's assets?

A College Student Has Three Assets: $10,000 in a 529