Reference no: EM133559898
Question: Assume a hypothetical age that includes a month (21, or 22, 23,.... 34 are not acceptable, they don't include a month, but 21 years and 1 month or 21 years and 7 months are acceptable.) that has not been chosen by any other students, you can earn 10 % per year in the stock market by investing in the S&P500; assume you buy $10,000 worth of an index ETF that represents the S&P500. When you get to age 67, how much is your investment worth? (The future value of $10,000, annual compounding).
Assume the same hypothetical age in question 1, and assume you can earn 0.8 % per month in the stock market by investing in the S&P500; assume you buy $10,000 worth of an index ETF that represents the S&P500. When you get to age 67, how much is your investment worth? (The future value of $10,000, monthly compounding
Assume the same hypothetical age in question 1 and assume you can earn 10 % per year in the stock market by investing in the S&P500; assume you buy $10,000 worth of an index ETF that represents the S&P500. At your retirement age of 67, the future value of this $10,000 investment is $350,000.00. What is the average rate of return on your investment?
Assume the same hypothetical age in question 1 and assume you can earn 10 % per year in the stock market in the stock market by investing in the S&P500; assume you buy $10,000 worth of an index ETF that represents the S&P500. At what age your initial investment of $10,000 will be $40,000?