Which fund should pat invest the new money in

Assignment Help Financial Accounting

Reference no: EM133265480

Question: Pat has two investment funds. The first investment fund, Fund A, was started 7 years ago. Pat initially invested $3,500 and it is now worth $8,300. The second fund, Fund B, was started 4 years ago with an initial investment of $2,000. The second fund is now worth $3,350. Pat has more money to invest and has decided to invest it in the fund that has the highest compound annual return. Which fund should Pat invest the new money in?

Reference no: EM133265480

Questions Cloud

What advice would you give to katrina : FIN 2008 George Brown College Canada What advice would you give to Katrina? Please explain in detail the benefits and drawbacks of your recommendation.

Determine for 2020 the dollar amount of dividends : ACCT 220 University of Maryland, University College Use this information to determine for 2020 the dollar amount of dividends that will be distributed per

Discuss the role of speculators in the forex market : Interest Rate Parity Theorem predict an equilibrium price for a foreign currency, discuss the role of Speculators in the Forex market

Develop a cost-estimation equation for microsofts annual : Develop a cost-estimation equation for Microsoft's annual cost of revenues and operating expenses using revenues as the activity.

Which fund should pat invest the new money in : BA 3421 University of New Brunswick Pat has more money to invest and has decided to invest it in the fund that has the highest compound annual return.

Payback period of the proposed investment : Payback period of the proposed investment - wholly attributable to the project, have already been adjusted for inflation

Feedback algorithm vs. multilevel queue algorithm : What are the advantages of the multilevel feedback algorithm vs. the multilevel queue algorithm?

Analyze a companys financial standings and history : Demonstrate your grasp of the concepts to analyze a company's financial standings and history - provide a breakdown understanding of 2019, 2020, and 2021

Suspicious quarter-wave plate : A suspicious "quarter-wave" plate is checked by placing it between parallel polarizers (e.g. both horizontal): the transmitted intensity when plate is oriented

User Account

All Pages