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Author Question: Consider an investor who invests 600 per month (end-of-month) over thirty years in a mutual fund ... (Read 84 times)

joblessjake

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Consider an investor who invests 600 per month (end-of-month) over thirty years in a mutual fund that earns 1 per month. What is the future value of her savings?
 
  A) 2,096,978.48
  B) 2,606,514.35
  C) 2,159,806.22
  D) 2,122,696.21
  E) 2,545,722.36

Question 2

Assume that the British pound is worth 1.6242 U.S. dollars. If a new Jaguar costs 138,000, what is
  the cost in British pounds?
 
  A) 71,642 B) 119,998 C) 84,965 D) 201,000



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asdfasdf

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Answer to Question 1

A

Answer to Question 2

C





 

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