You have a stock mutual fund in which you put 3000 per year

Assignment Help Finance Basics
Reference no: EM13621607

You have a stock mutual fund in which you put $3,000 per year. How much will you accumulate in the account in 25 years if the interest rate is 10%?

What if instead you have $4,000 to deposit in the mutual fund earning 10%? If you add $2,000 to that account annually, how much will you have accumulated in 15 years? (Calculate the answer for each option. Show all work.)

Reference no: EM13621607

Questions Cloud

Sharpe products has 1 million outstanding shares and 7 : sharpe products has 1 million outstanding shares and 7 directors to be elected. cumulonimbus holdings owns 200000
Consider a regression situation in which y hardness of : consider a regression situation in which y hardness of molded plastic and x amount of time elapsed since termination
When subjected to the axial load p the diameter of the rod : a solid circular rod with a diameter of d 18mm. the bar is ade of an aluminum alloy that has an elastic modulus of e
A plug in an electrical device consists of two metal : a plug in an electrical device consists of two metal conductors that are seperated by a distance of 75cm. an electric
You have a stock mutual fund in which you put 3000 per year : you have a stock mutual fund in which you put 3000 per year. how much will you accumulate in the account in 25 years if
In order to determine any difference between the average : in order to determine any difference between the average daily sales of two branches of a department store the data
Using these calculated values what would the required : using a 3 flute solid carbide 20mm diameter slot drill. with feed rate of 0.175mmtoothrev at a depth of cut of 12mm and
An 800 vm electric field is directed along the x axis if : an 800 vm electric field is directed along the x axis. if the electric potential at x0m is 2000v what is the electric
Chris and karen have a combined take-home income of 5000 : chris and karen have a combined take-home income of 5000. their total monthly payments on consumer debt are 875. what

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate benefit-cost ratio

Find the internal rate of return (IRR) rounded to the nearest 1 percent (D) Find the internal rate of return (IRR) rounded to the nearest 1 percent

  Determining the state lottery

Assume that you just won the state lottery. Your prize can be taken either in form of $40,000 at the end of each of the next 25 years (i.e., $1 million over 25 years) or as a lump sum of $500,000 paid immediately.

  Estimate the average annual inflation rate

A new Grady White fishing boat cost $5000 in 1979. Today, the very same boat costs around $40,000. Estimate the average annual inflation rate, using the Rule of 72.

  What is avicorps pre-tax cost of debt

Avicorp has a $11.7 million debt issue outstanding, with a 5.8% coupon rate. The debt has semi-annual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value.

  What is the nal of the lease

The machine has an estimated residual value of $250,000 at the end of the 4th year.

  Ancelet co has identified an investment project with the

ancelet co. has identified an investment project with the following cash flows. if the discount rate is 10 percent what

  The approximate after-tax cost of debt for a 20-year 7

the approximate after-tax cost of debt for a 20-year 7 percent 1000 par value bond selling at 960 assume a marginal

  What factors inhibit recruitment efforts by organizations

In addition to the economy, what factors inhibit recruitment efforts by organizations? Have you ever witnessed this yourself or dealt with it another way?

  Mergers and restructuring

On September 30, 2000, Mattel®, a major toy manufacturer, virtually gave away The Learning Company®, a maker of software for toys, to rid itself of a disastrous acquisition of software publishing firm which actually had cost the firm hundreds of m..

  What is the present value of dividends over the next year

What is the present value of dividends over the next five-year period if the required rate of return is 10 percent?

  A company has issued a bond with the following

a company has issued a bond with the following characteristics principal 1000 time to maturity 20 years coupon rate 8

  Find opportunity worth today

An investment will need a $2.4 million cash outlay to enter and will create perpetual cash inflows of $135,000 a year. Investors could earn 8% elsewhere by taking the same risk.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd