You have a stock mutual fund in which you put 3000 per year

Assignment Help Finance Basics

Reference no: EM13621607

You have a stock mutual fund in which you put $3,000 per year. How much will you accumulate in the account in 25 years if the interest rate is 10%?

What if instead you have $4,000 to deposit in the mutual fund earning 10%? If you add $2,000 to that account annually, how much will you have accumulated in 15 years? (Calculate the answer for each option. Show all work.)

Reference no: EM13621607

Questions Cloud

Sharpe products has 1 million outstanding shares and 7 : sharpe products has 1 million outstanding shares and 7 directors to be elected. cumulonimbus holdings owns 200000

Consider a regression situation in which y hardness of : consider a regression situation in which y hardness of molded plastic and x amount of time elapsed since termination

When subjected to the axial load p the diameter of the rod : a solid circular rod with a diameter of d 18mm. the bar is ade of an aluminum alloy that has an elastic modulus of e

A plug in an electrical device consists of two metal : a plug in an electrical device consists of two metal conductors that are seperated by a distance of 75cm. an electric

You have a stock mutual fund in which you put 3000 per year : you have a stock mutual fund in which you put 3000 per year. how much will you accumulate in the account in 25 years if

In order to determine any difference between the average : in order to determine any difference between the average daily sales of two branches of a department store the data

Using these calculated values what would the required : using a 3 flute solid carbide 20mm diameter slot drill. with feed rate of 0.175mmtoothrev at a depth of cut of 12mm and

An 800 vm electric field is directed along the x axis if : an 800 vm electric field is directed along the x axis. if the electric potential at x0m is 2000v what is the electric

Chris and karen have a combined take-home income of 5000 : chris and karen have a combined take-home income of 5000. their total monthly payments on consumer debt are 875. what

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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!

Submit Assignment

User Account

All Pages