How much was his investment worth at the end of three years

Assignment Help Financial Accounting

Reference no: EM133496907

Question: Johnny Utah invested $4,500 in a mutual fund. In the first year the fund returned J12=7%, in year 2 J4=12% and in year 3 4% effective. How much was his investment worth at the end of three years?

Reference no: EM133496907

Questions Cloud

Reflect on and comment about the importance : Reflect on and comment about the importance of financial accounting - Describe at least three examples of such transactions and how they affect the financial

How much should be deposited at the beginning : How much should be deposited at the beginning of each fortnight in an account that pays 8% annual interest c/ biweekly, to have $20,000 at the end of 6 months

How much should you deposit today if your vacation : You estimate you will need $8,000 for your vacation next year. How much should you deposit today if your vacation will be in 12 months and your investments

Examining world through the four lenses of the liberal arts : examining the world through the four lenses of the liberal arts. For this project, you will go through the process of finding information on a topic of interest

How much was his investment worth at the end of three years : Johnny Utah invested $4,500 in a mutual fund. In the first year the fund returned J12=7%, in year 2 J4=12% and in year 3 4% effective.

How much did you borrow : You will make payments of $1200 per month, at the end of the month. The interest rate is j2=4% . How much did you borrow, if you will make the monthly payments

List the symptoms the person might exhibit : List the symptoms the person might exhibit. Describe how the symptoms change over time as the condition progresses.

How do gender and ethnicity affect the effectiveness : How do gender and ethnicity affect the effectiveness of 12 Step Programs? Describe any prevention and treatment methods you have learned from these web sites

Evolution of english slang - a discourse analysis : The Evolution of English Slang: A Discourse Analysis - address contrary perspectives as a practice of strengthening your own argument

User Account

All Pages