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 80 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 used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay? How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?
Correlations between scores on a psychology test and number of boiled kumquats eaten per month Correlations between scores on a psychology test and number of boiled kumquats eaten per month
Hank Wilkins invested $4200 in a mutual fund containing bonds. Hank Wilkins invested $4200 in a mutual fund containing bonds.
Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ...
Video: ADH and the arterioles, kidneys, sweat glands and the Atrial natriuretic peptide (ANP)

For a complete list of videos, visit our video library