This topic contains a solution. Click here to go to the answer

Author Question: Consider an investor who invests 600 per month (end-of-month) over thirty years in a mutual fund ... (Read 85 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
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
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

For a complete list of videos, visit our video library