Sam wants to invest $650 at the end of every month in a mutual
fund. He...
Sam wants to invest $650 at the end of every month in a mutual
fund. He will be receiving $40,000 at the end of 4 years. If the
interest is compounded monthly, what is the annual rate of return
earned on the investment?
Elga plans to invest $175 every month by purchasing units of a
diversified equity mutual fund.
If the fund generates an overall rate of return of 6% compounded
monthly, what will her holdings be worth after 8.25 years?
(Do not round intermediate calculations and round your
final answer to 2 decimal places.)
Sam is saving for a trip to India. He will deposit a fixed
amount every month in a bank account with an EAR of 7.5% starting
today. If this account pays interest every month (monthly
compounding) then how much should he deposit every month in order
to have $10,000 in the account in two years' time?
Suppose that you invest $5,000 in a mutual fund at the end of
each year for the next 30 years. This period of time is your
planned holding period. You intend to leave these contributions and
any fund distributions earned in the account until the end of your
holding period. Your forecast rate of return on this mutual fund is
9% per year, compounded annually.What is the forecast value of your account at the end of your
holding period?Round your...
You are going to invest in a stock mutual fund with a front-end
load of 6.5 percent and an expense ratio of 1.37 percent. You also
can invest in a money market mutual fund with a return of 2.7
percent and an expense ratio of 0.20 percent. If you plan to keep
your investment for 2 years, what annual return must the stock
mutual fund earn to exceed an investment in the money market fund?
What if your investment horizon...
You are going to invest in a stock mutual fund with a front-end
load of 5.5 percent and an expense ratio of 1.59 percent. You also
can invest in a money market mutual fund with a return of 2.7
percent and an expense ratio of 0.20 percent. If you plan to keep
your investment for 2 years, what annual return must the stock
mutual fund earn to exceed an investment in the money market fund?
What if your investment horizon...
George invested $1,250 at the end of every month into an
investment fund that was earning interest at 4.25% compounded
monthly. He stopped making regular deposits at the end of 9 years
when the interest rate changed to 4.50% compounded quarterly.
However, he let the money grow in this investment fund for the next
4 years.
a. Calculate the accumulated balance in his
investment fund at the end of 9 years
b. Calculate the accumulated balance in his
investment fund...
If you invest $8,717.24 at the end of every month for the next 8
years, what will be you account balance immediately after the last
payment is deposited? The interest rate you will earn on the
account is 15.75%
Alysha plans to invest $4000 in an equity fund every year end
beginning this year. The expected annual return on the fund is 15
percent. How much would she expect to have at the end of 16
years?
A. $222870
B. $194322
C. $190322
D. $260300
Adam plans to invest $1,500 today in a mutual fund. If he earns
12 percent interest compounded monthly, the amount his investment
will grow to in 20 years is closest to:
Linard wants to buy shares in a mutual fund. The current NAV is
$44.18. He looks up fund characteristics on Robinhood and found the
following: Operating Expenses: 1.10%, Front-end loan: 0.80%,
back-end loan (if exiting after one year): 1.70%, and 12b-1 fees of
0.10%. What would be his rate of return if he buys this fund today
and sells after one year if the fund returns 15% over this
period?