How long will it take jack to win jills hand in marriage

Assignment Help Finance Basics

Reference no: EM133664214

Problem: Jack asked Jill to marry him, and she has accepted under one condition: Jack must buy her a new $320 comma 000320,000 Rolls-Royce Phantom. Jack currently has $59 comma 29059,290 that he may invest. He has found a mutual fund with an expected annual return of 4.54.5 percent in which he will place the money. How long will it take Jack to win Jill's hand in marriage? Ignore taxes and inflation.

Reference no: EM133664214

Questions Cloud

Compare toothed whales with a large carnivorous land : Compare toothed whales with a large carnivorous land animal, like a wolf, that breathes air, nurses young with milk, but lives on land

What is the expected return and standard deviation : What is the expected return and standard deviation of the portfolio that you choose given you invest your money equally between the two companies?

Explain the ethical dilemma : Identify the problem (List/explain the ethical dilemma and present one of the two moral claims).

Difference between digestion and metabolism : What is the difference between digestion and metabolism? Write your thoughts in two to three sentences

How long will it take jack to win jills hand in marriage : Jack asked Jill to marry him, and she has accepted under one condition. How long will it take Jack to win Jill's hand in marriage? Ignore taxes and inflation.

What is a less expensive yet equally nutritious : What is a less expensive yet equally nutritious alternative to protein powder? protein bars amino acid supplement pills meal repllacement shakes powdered skim

Which medications do you feel are safe : Which medications do you feel will be safe and appropriate to prescribe and/or recommend for chronic, ongoing management?

Would your decision change in the scenario : While the current interest rate is 6% per annum, you feel that interest rate is likely to increase in the future. Would your decision change in this scenario?

What term would best describe this finding : fearful of certain stimuli that were associated with real danger, such as animals and the dark. What term would BEST describe this finding

User Account

All Pages