Evaluated in order to analyzing mutual fund performance

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1. Lisa Simpson wants to have?$1.2 million in 60 years by making equal annual? end-of-the-year deposits into a? tax-deferred account paying 9 percent annually. What must? Lisa's annual deposit? be?

2. You are planning to make monthly deposits of $360 into a retirement account that pays 8 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Future value $

3. A number of important factors that must be evaluated in order to analyzing mutual fund performance. What are those factors? Why are they important?

Reference no: EM131924528

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