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 96 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?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library