Question


2. Nancy Sellers has been investing $1,000 quarterly for the past 15 years in an equity mutual fund. How much is the fund worth now assuming she has earned 15% compounded quarterly on her investment? I/Y PV PMT FV

Nancy Sellers has been investing $1,000 quarterly for the past 15 years in an equity mutual fund. How much is the fund worth now assuming she has earned 15% compounded quarterly on her investment?

1 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

We need to find FV Future value

w+SQwRwyGWJZwAAAABJRU5ErkJggg==

Add a comment
Know the answer?
Add Answer to:
Nancy Sellers has been investing $1,000 quarterly for the past 15 years in an equity...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT