This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider an investor who invests 600 per month (end-of-month) over thirty years in a mutual fund ... (Read 100 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jul 10, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

C


joblessjake

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jul 10, 2018
Correct answers!


asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 10, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago. A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago.
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Tracing numbers and alphabets by nat 3 years old Tracing numbers and alphabets by nat 3 years old
Video: Introduction to Insulin

For a complete list of videos, visit our video library