Annually in mutual fund

Assignment Help Financial Management
Reference no: EM131054974

1) You invest $4,000 annually in a mutual fund that earns 10 percent annually, and you reinvest all distributions.

a) How much will you have in the account at the end of 20 years? Round your answer to the nearest dollar.

2) You invest $4,000 annually in a mutual fund with a 6 percent load fee so that only $3,760 is actually invested in the fund. The fund earns 10 percent annually, and you reinvest all distributions.

b) How much will you have in the account at the end of 20 years? (Assume that all distributions are not subject to the load fee.) Round your answer to the nearest dollar.

3) You invest $4,000 annually in a no-load mutual fund that charges 12b-1 fees of 1 percent. The fund earns 10 percent annually before fees, and you reinvest all distributions.

c) How much will you have in the account at the end of 20 years? Round your answer to the nearest dollar

4) You invest $4,000 annually in no-load mutual fund that has a 5 percent exit fee. The fund earns 10 percent annually before fees, and you reinvest all distributions.

d) How much will you have in the account at the end of 20 years? Round your answer to the nearest dollar. please show work for all 4 questions.

Reference no: EM131054974

Questions Cloud

Role of business process reengineering : 1. What is the role of business process reengineering (BPR) in enhancing competitiveness? Give examples to illustrate your answer. 2. Why is selecting computer hardware and software for the organization an important business decision?
What is the net present value : The corporation is considering the purchase of a new machine. The machine costs $31,500, the project will require the immediate purchase of $100 in inventory, and increase in accounts receivable of $200. If the discount rate is 12%, what is the net p..
Estimate the effect on profit and return on sales : estimate the effect on profit and return on sales
Ellen zane-leading change at tufts : Research and read the Case Study: "Ellen Zane: Leading Change at Tufts/NEMC"After reading the case study "Ellen Zane: Leading Change at Tufts/NEMC,"
Annually in mutual fund : You invest $4,000 annually in a mutual fund that earns 10 percent annually, and you reinvest all distributions. ou invest $4,000 annually in a mutual fund with a 6 percent load fee so that only $3,760 is actually invested in the fund. The fund earns ..
What customer loyalty techniques would you recommend : What customer loyalty techniques would you recommend to Shepherd? What information would be appropriate to collect about customers in a database?
What this does to demand for money as part of that theory : As a part of your comparison, indicate which of these theories developed the concept of a Liquidity Trap and what this does to the Demand for Money as part of that theory
Leadership style weaknesses for president obama : Determine three (3) leadership style strengths and three (3) leadership style weaknesses for President Obama's charismatic leadership style and Mary Barra CEO of general motors transformational leadership style. Evaluate the effectiveness of each ..
Develop the seasonal indexes for these given data : The U.S. Department of Commerce publishes a series of census documents referred to as Current Industrial Reports. Use time-series decomposition methods to develop the seasonal indexes for these data

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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