How much money should you invest in a fund

Assignment Help Business Economics

Reference no: EM13832892

How much money should you invest in a fund that will pay 8% compounded monthly, if you want to have $40,000 in the fund at the end of 20 years?

Reference no: EM13832892

Questions Cloud

Manufacturing plant network setup : Transition from individual machine set up to network demands lots of correct configuration. Proper network topology, communication over Virtual Private Network, selection of correct hardware configuration and required software are the blocks of a ..

What could have made it do better : Pick a brand extension. Use the scoring model in Brand Focus 12.0. How well did your brand extension do? What could have made it do better

Obtain the profit maximizing rate of output : Can you please explain how I obtain the profit maximizing rate of output? I also do not understand how if a price of the ties were to fall from $19 to $15, how many ties would be produced. Lastly, how do you understand at what price a firm should shu..

Why are deposit-type intermediaries able to create money : Why are deposit-type intermediaries able to create money? What factors increase the amount of deposits the banking system can create with any given injection of new reserves?

How much money should you invest in a fund : How much money should you invest in a fund that will pay 8% compounded monthly, if you want to have $40,000 in the fund at the end of 20 years?

What do you need to set when developing a marketing plan : What do you need to set when developing a marketing plan? Which law is designed to promote competition in the marketplace and prevent unfair or anti-competitive work practices?

Create a brand-product matrix for your brand : The brand-product matrix is a graphical representation of all the products sold by a firm. Create a brand-product matrix for your brand

Find out why sea water freezes at a lower temperature : find out why sea water freezes at a lower temperature than fresh water

Decrease in autonomous investment have total expenditures : What effect will a $30 billion decrease in autonomous investment have on total expenditures if the MPC is 0.9? What happens to the level of national income in an economy with an MPC of 0.8 and if autonomous consumption increases by $20 billion, auton..

User Account

All Pages