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?
Nancy Sellers has been investing $1,000 quarterly for the past 15 years in an equity...
starla has been investing $5,000 quarterly for the past 12 years in a fixed income mutual fund. how much is the fund worth now assuming she has earned 4% compounded quarterly on her investment?
Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth now assuming he has earned 11.5% compounded quarterly on his investment?
. Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth now assuming he has earned 11.5% compounded quarterly on his investment? N I/Y PV PMT FV
Stephen has been investing $2,400 at the beginning of each month for the past 10 years in a growth mutual fund. How much is the fund worth now assuming he has earned 10% compounded annually on his investment?
Please show your work: list out the N, I/Y, PV, PMT, and FV with correct signs. 2. Moon has been investing $2,500 quarterly for the past 10 years in an equity mutual fund. How much is the fund worth now assuming she has earned 8.5% compounded quarterly on her investment? I/Y PV PMT FV
Susan has been investing $160,000 a year for the past 9 years into Sunshine in a Can, Inc. Today, as the sole shareholder, she sold Sunshine in a Can, Inc. for $2.6 million. What is her rate of return on this investment? Select one: B. 14.42% C. 14.24% D. 14.29% E. 14.13% 2 O Save response
Anna was pretty disappointed with how little money she would have and so she started looking at other investment options that involve higher risk but would also offer more possible return. Her bank’s financial advisor suggested a mutual fund the she said was only moderately risky but had a record of 8.5% annual return. Assuming the mutual fund preformed as well as it has in the past, how much would Anna’s investment of $2500 potentially be after 4 years if she...
4-1If Samantha invests $700 today in an account that pays 4 percent interest compounded annu- ally, how much will she have in her account four years from today? 4–2 Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today? 4–3 Fiona plans to invest $500 later today. She wants to know to what amount her investment will grow in 20 years if she earns...
Simone is now 50 years old and plan to retire at age 67 (in 17 years). She currently has a share portfolio worth $750,000, a superannuation fund worth $1,200,000, and a money market (similar to cash) account worth $500,000. Her share portfolio is expected to provide annual returns of 12% p.a. (compounded annually), her superannuation will earn her 9% p.a. (compounded annually), and the money market account earns 1.2% p.a. (compounded monthly). Assume all these returns are aftertax. Assume Simone’s...
In 1970 your grandmother put $1,000 into a special trust fund to be paid to a future grandchild (you) 50 years later, in the year 2020. How much will this trust be worth then if it has been earning 9% per year compounded quarterly?