How much more will alexx have than spenser

Assignment Help Microeconomics
Reference no: EM131635364

Question: Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets. Suppose that Alexx and Spenser each invest $5,000 in the same stock this year. Alexx invests directly and earns 5% a year. Spenser uses a retirement fund and earns 4.75%. After 30 years, how much more will Alexx have than Spenser?

Reference no: EM131635364

Questions Cloud

In what ways is classical liberalism similar to conservatism : In what ways is classical liberalism similar to conservatism today? Please no plagiarism, remember to include citation and references.
Why does scarcity imply that every society face trade-offs : Why does scarcity imply that every society and every individual face trade-offs? Briefly discuss each of the following economic ideas
What is your informed position about this issue : What is your informed position about this issue? Should Free Speech be protected at all costs? Why or Why not - Write at least 5 complete sentences
Evaluate modernity as a shaping force in nineteenth-century : Evaluate modernity as a shaping force in nineteenth-century Western civilization, noting both its positive and negative effects as reflected in works of artist.
How much more will alexx have than spenser : Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets. Suppose that Alexx and Spenser each invest $5,000.
The behavior of people holding public office : How does the hierarchy of ethics govern the behavior of people holding public office?
Why you have selected your position : In addition to presenting your opinion, you will need to also provide support for why you have selected your position.
What is the interest rate ford is paying on borrowed funds : Suppose Ford Motor Company issues a five year bond with a face value of $5,000 that pays an annual coupon payment of $150.
Distinguish between a strategy and a marketing program : Distinguish between a strategy, a marketing plan, and a marketing program, illustrating for a local retailer.

Reviews

Write a Review

Microeconomics Questions & Answers

  Would the elasticity of demand likely be greater or less

The Energy Information Administration estimated that in 2012 American consumers spent 4 percent of their incomes on gasoline. Would the elasticity of demand likely be greater or less if consumers had spent 8 percent of their incomes on gasoline?

  Identify one argument made in the given videos

After watching the videos "Drones are Ethical" and "Drones are Not Ethical," and taking note of the different considerations they make, identify one argument made in the videos that is clearly a utilitarian argument.

  Draw the highest indifference curve

What part of the change in consumption is due to the income effect and what part is due to the substitution effect - Draw the highest indifference curve that she can attain in red ink, and label the point that she chooses as A.

  Monopoly behavior and government intervention

Discuss are a good thing since they transfer resources from lower rated to higher rated activities thereby helping to maximize society's happiness?

  What future forces could decrease aggregate demand

Choose an industry and discuss market forces that are increasing aggregate demand and what future forces could decrease aggregate demand?

  Street lighting fixtures and their sodium vapor bulbs

Street lighting fixtures and their sodium vapor bulbs for a two block area of a large city need to be installed at a first cost of 118,337. Annual maintenance expenses are expected to be 6,134 for the first 20 years and 8,498 for each year thereafter..

  What will be the outcome of the project

What is the background of the problem and what will be the outcome of the project and describe the audience for this report and the implications for structuring your report.

  Two similar farms could have the same return to management

Two similar farms could have the same return to management but different net farm income due to:

  How challenging was it to find organically grown foods

How easy or challenging was it to find organically grown foods? How were the organic foods labeled? If your local grocery store, discount outlet, or farmer's market does not regularly stock organic foods what is the reason for it?

  A critical assumption in the model of demand and supply is

a critical assumption in the model of demand and supply is the independence of demand and supply curves. if the two are

  Find the monthly insurance on the house

Find the monthly insurance on the house. List 3 assumptions that you make about this purchase. After each, explain why the assumption is important.

  The company president has approached you regarding

mullineaux corporation has a target capital structure of 70 percent common stock 5 percent preferred stock and 25

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