Jose has $4,000 to invest for a 4-year period. He is looking at four different investment...
Jose has $4,000 to invest for a 4-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 4 years for each of the following potential investments?
a.Bank CD at 4.5%.
b.Bond fund at 8.5%.
c. Mutual stock fund at 15%.
d.New venture stock at 24%.
Homework Answers
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP
PLEASE
Add Answer to:
Jose has $4,000 to invest for a 4-year period. He is looking
at four different investment...
Round to the nearest cent Future value (with changing interest rates). Jose has $7,000 to invest...
Round to the nearest cent
Future value (with changing interest rates). Jose has $7,000 to invest for a 5-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 5 years for each of the following potential investments? a. Bank CD at 4.5% b. Bond fund at 8%. c. Mutual stock fund at 15%. d. New venture stock at 22%. a. What will be the value of Jose's bank...
P3-3 (similar to) Question Help Future value (with changing interest rates). Jose has $2,000 to invest...
P3-3 (similar to) Question Help Future value (with changing interest rates). Jose has $2,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 3 years for each of the following potential investments? a. Bank CD at 4% b. Bond fund at 9%. C. Mutual stock fund at 15%. d. New venture stock at 23%. a. What will be the value of Jose's bank...
Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to...
Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $7,500 for his CD investment. If the bank is offering a 4.5% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a a. two-year investment period? b. six-year investment period? c. ten-year investment period? d. fifteen-year investment period? a. How much will the $7,500 CD investment at 4.5% interest rate...
Question 5 (1 point) Stanley Roper has $2,400 that he is looking to invest. His brother...
Question 5 (1 point) Stanley Roper has $2,400 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,600 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on his promise? (Answer needs to be stated as a decimal. For example: .1192) Round to four decimal places. Your Answer: Question 5 options: Answer Question 6 (1 point) Chuck Brown will receive from...
CDs are a very safe investment because they are usually insured by the U.S. government. (There...
CDs are a very safe investment because they are usually insured by the U.S. government. (There are some CDs that are not insured so it is important to always check!) Because they are so safe, CDs earn low rates of interest. The amount earned on an investment is often called the return. In general, investments with higher risk also have the potential for higher rates of return. For example, if you invest in a stock, which is like buying a...
Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the following...
Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the following information: Year Investment Amount Price per Share 2013 $ 3,500 $ 59 2014 3,500 37 2015 3,500 34 2016 3,500 48 (a) At the end of four years, what is the total amount invested? (b) At the end of four years, what is the total number of mutual fund shares purchased? (Round your intermediate calculations and answer to 4 decimal places.) (c) At the...
Problem 16-14 Using Dollar Cost Averaging (L016-4] Over a four-year period, Matt Ewing purchased shares in...
Problem 16-14 Using Dollar Cost Averaging (L016-4] Over a four-year period, Matt Ewing purchased shares in the Oakmark | Fund. Use the following information: Year 2016 2017 2018 2019 Investment Amount $ 6, 200 6,200 6,200 6,200 Price per Share $ 57 per share 41 per share 30 per share 45 per share (a) At the end of four years, what is the total amount invested? Total amount invested (b) At the end of four years, what is the total...
Sam is willing to invest $30,000.00 for four years, and is an economically rational investor. He has identified three in...
Sam is willing to invest $30,000.00 for four years, and is an economically rational investor. He has identified three investment alternatives (A, B, and C) that vary in their method of calculating interest and in the annual interest rate offered. Since he can only make one investment during the four-year investment period, complete the following table and indicate whether Sam should invest in each of the investments. Note: When calculating each investment’s future value, assume that all interest is compounded...
3.DeMarcus wants to retire with $1million in savings by the time he turns 60. He is...
3.DeMarcus wants to retire with $1million in savings by the time he turns 60. He is currently 18 years old. How much will he need to save each year, assuming he can get a 11% annual return on his investments? 4..How much will be in an account at the end of five years the amount deposited today is $10,000 and interest is 8% per year, compounded semi-annually? 5..You have $3,000 that you may need any day to replace the furnace...
An individual with cash to invest has two investment choices: Buy a stock fund that every...
An individual with cash to invest has two investment choices: Buy a stock fund that every year either earns 40% or -20% with a 50/50 probability. Buy a bond fund that every year returns either 5% or 0% also with a 50/50 probability. Assume that the returns on the two funds are independent, and that returns from year to year are also independent. Also assume an initial portfolio value of $1. (The answers, however, will be unaffected if you use...
Round to the nearest cent
Future value (with changing interest rates). Jose has $7,000 to invest for a 5-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 5 years for each of the following potential investments? a. Bank CD at 4.5% b. Bond fund at 8%. c. Mutual stock fund at 15%. d. New venture stock at 22%. a. What will be the value of Jose's bank...
P3-3 (similar to) Question Help Future value (with changing interest rates). Jose has $2,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 3 years for each of the following potential investments? a. Bank CD at 4% b. Bond fund at 9%. C. Mutual stock fund at 15%. d. New venture stock at 23%. a. What will be the value of Jose's bank...
Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $7,500 for his CD investment. If the bank is offering a 4.5% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a a. two-year investment period? b. six-year investment period? c. ten-year investment period? d. fifteen-year investment period? a. How much will the $7,500 CD investment at 4.5% interest rate...
Problem 16-14 Using Dollar Cost Averaging (L016-4] Over a four-year period, Matt Ewing purchased shares in the Oakmark | Fund. Use the following information: Year 2016 2017 2018 2019 Investment Amount $ 6, 200 6,200 6,200 6,200 Price per Share $ 57 per share 41 per share 30 per share 45 per share (a) At the end of four years, what is the total amount invested? Total amount invested (b) At the end of four years, what is the total...
Most questions answered within 3 hours.
-
Create a 32-run crossed array design with six control factors
and two noise factors such that...
asked 21 minutes ago -
A 500g sample of sand from source A has the following amounts
retained on each sieve....
asked 23 minutes ago -
In
your own words, please explain the essay by John Keynes wrote "The
End of Laissez...
asked 22 minutes ago -
How are the matrix and pixels related? Why are smaller
pixels better for diagnostic quality?
asked 25 minutes ago -
2. An AC generator has 80 rectangular loops on
its armature. Each loop is 11 cm...
asked 26 minutes ago -
Please help me with this question. Consider Aldi’s current and
potential geographic markets (see Exhibit 4...
asked 29 minutes ago -
What are the main components of the fermentation process and
give an explanation of each? Include...
asked 54 minutes ago -
Explain which types of cells in the body (belonging to which
organs, etc.) are sensitive to...
asked 58 minutes ago -
A single cable supports an 703-kg elevator car. What is the
tension in the cable when...
asked 1 hour ago -
among the three different ways to link CSS specifications to an
HTML document (inline CSS, document...
asked 1 hour ago -
(1) Write the net ionic equation for the reaction that occurs
when equal volumes of 0.191...
asked 1 hour ago -
On the night of April 18, 1775, a signal was to be sent from the
Old...
asked 1 hour ago