What is the accumulated (future) sum of monthly contributions of $500 invested at an average return...

What is the accumulated (future) sum of monthly contributions of $500 invested at an average return of 5% p.a. over 30 years? What if the average return increases to 8% from the 16th year?

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jeff jeffy answered 5 months ago

What is the average monthly return and standard deviation of returns for (i) S&P 500: Date...

What is the average monthly return and standard deviation of returns for (i) S&P 500: Date Adj Close 8/1/2015 1972.18 9/1/2015 1920.03 ######## 2079.36 ######## 2080.41 ######## 2043.94 1/1/2016 1940.24 2/1/2016 1932.23 3/1/2016 2059.74 4/1/2016 2065.3 5/1/2016 2096.95 6/1/2016 2098.86 7/1/2016 2173.6 8/1/2016 2170.95 9/1/2016 2168.27 ######## 2126.15 ######## 2198.81 ######## 2238.83 1/1/2017 2278.87 2/1/2017 2363.64 3/1/2017 2362.72 4/1/2017 2384.2 5/1/2017 2411.8 6/1/2017 2423.41 7/1/2017 2470.3 8/1/2017 2471.65 9/1/2017 2519.36 ######## 2575.26 ######## 2584.84 ######## 2673.61 1/1/2018 2823.81 2/1/2018 2713.83...

Compare the accumulated value of an IRA account into which $500 is invested at the end...

Compare the accumulated value of an IRA account into which $500 is invested at the end of each month; the account earns 2.5% annual interest. Make sure you compare how much was invested and how much interest was earned. a. You start at age 25 and retire at 60. b. You start at age 30 and retire at 60. c. You start at age 35 and retire at 60. d. You start at age 40 and retire at 60. The...

What is the future value of $7,189 invested for 23 years at 9.25% compounded monthly? (Please...

What is the future value of $7,189 invested for 23 years at 9.25% compounded monthly? (Please show how to use financial calculator for this problem)

Which amount will be worth more in the future? (1) $300 invested monthly for 35...

Which amount will be worth more in the future? (1) $300 invested monthly for 35 years with an average annual return of 10% compounded monthly. or (2) $1,000,000 lottery you win 35 years from now Note: You must support your response with a calculation!

Find the accumulated value of monthly payments of $500 starting one period from today and continuing...

Find the accumulated value of monthly payments of $500 starting one period from today and continuing through 5 years from today, with a nominal annual rate of 4.5% compounded monthly.

The monthly salary S of a shop assistant is the sum of a fixed salary of $500 plus 5% of all monthly sales. What should the monthly sales be so that her monthly salary reaches $1500?

Compound annuity) What is the accumulated sum of each of the following streams of payments? a....

Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $ 520 year for 9 years compounded annually at 11percent. b. $ 108 year for 6 years compounded annually at 9 percent. c. $ 33 year for 12 years compounded annually at 13 percent. d. $ 24 year for 5 years compounded annually at 4 percent. A. What is the accumulated sum of $ 520 year for years compounded annually at 11 percent? $(Round...

(Compound annuity) What is the accumulated sum of each of the following streams of payments? a....

(Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $520 a year for 10 years compounded annually at 10 percent. b. $112 a year for 8 years compounded annually at 8 percent. c. $34 a year for 13 years compounded annually at 11 percent. d. $28 a year for 4 years compounded annually at 5 percent. a. What is the accumulated sum of $520 a year for 10 years compounded annually at 10...

What is the accumulated sum of each of the following streams of ordinary annuity payments? a....

What is the accumulated sum of each of the following streams of ordinary annuity payments? a. $35 per half-year for three and a half years at 14% p.a. compounded half- yearly. b. $25 a year for three years compounded annually at 2%. c. $500 a year for 10 years compounded annually at 5%

What is the accumulated sum of the following stream of payments? $1,938 every year at the...

What is the accumulated sum of the following stream of payments? $1,938 every year at the end of the year for 8 years at 5.51 percent, compounded annually.

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