Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth now assuming he has earned 11.5% compounded quarterly on his investment?

Q: On January 1, 1988, Antonio invests $9,300 in an investment fund. On January 1, 1989 his balance is…

A: The time weighted return for an investment period needs to be shown as a function of the balance.

Q: Please provide detailed explanation: #5 Sarah Mix decides to invest $500 per month in three funds,…

A: Mutual fund is like an investment in various types of securities. When an investor purchases a…

Q: A young man has decided to go into the business at the age of 25, he deposits a certain amount and…

A: N = Number of deposits = 11  Annual Increase in deposit = 50,000 Future Value Required = 30,000,000…

Q: You deposit the following at the end of each year into a growth mutual fund that earns 11 percent…

A: Working note:

Q: Jacqueline invested $51,400 in a mutual fund at 3.2% compounded monthly. After two years the…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: 1. How much money did we invest in total? 2. How much money will we have in total at the end of all…

A: Future Value: It is the value of an investment over a period of time at a future date and the…

Q: John freeman is investing $8,592 at the end of each year in a fund that earns 3% interest. in how…

A: Amount invested in investment gives interest. After the maturity of investment, amount invested and…

Q: suppose you have $5,000 in a mutual fund in your IRA. Suppose also that you put $4,000 into the…

A: The future value is the amount that will be received at the end of a certain period. In simple…

Q: Gagandeep  has $9,540 in her Moosa investment account. Find the simple interest rate required for…

A: Interest means the extra amount which we received because of investment made and will be paid in…

Q: Mary Stahely invested $ 2500 in a 48-month certificate of deposit (CD) that earned 8.5% annual…

A: Simple Interest is calculated by multiplying the interest rate by the principal by the time period.…

Q: At age 28 you invest P 25,000 into a mutual fund. If the fund averages a 7% annual return, your…

A: Using an appropriate discount rate or CVF, compounding is a strategy for calculating the future…

Q: uan invested $21,000 in a mutual fund 6 yr ago. Today his investment is worth $36,002. Find the…

A: Effective Annual rate = [1 + { ( Ending Value - Investment ) / Investment } ]1/n - 1…

Q: You have OMR 12,000 in cash. You can deposit it today in a mutual fund earning 8.2 percent…

A: We have to calculate future value at end of 10 years of both options and find which give more value.

Q: If Joe has $1,000 and invests it into a mutual fund that returns 10%, what willI be his Future Value…

A: Future value = Present value*(1+rate)^no of years

Q: ou decide to contribute to a mutual fund that averages 3.6% return per year. If you contribute $600…

A: Formula: Future value of annuity = Annuity amount x [ ( 1 + r )n - 1 ] / r N = Number of years R =…

Q: Five years​ ago, you invested in the Future Investco Mutual Fund by purchasing 1,100shares of the…

A: Solution:- Compound rate of return means the annual rate of return earned. We know, amount at…

Q: You have been hired to run a pension fund for TelDet Inc, a small manufacturing firm. The firm…

A: Calculate the value in 10 years as follows:   a. value in 10 years = Future value of 5 year cash…

Q: A mutual fund pays 7% compounded monthly. How much should I invest now so that 3 years from now I…

A: Given information: Amount in the account is $3,900 Interest rate is 7% Number of years is 3

Q: You have invested P100,000 in a mutual fund that promises to pay 8% each year. You will keep this…

A: Mutual funds are the investment vehicles where a manager collects capital from multiple investors…

Q: You purchase 100 shares of a no-load mutual fund for $100 per share and sold the shares for $120 per…

A: Percentage return on the investment is the rate of return on the investment. Following is the…

Q: You have invested P100,000 in a mutual fund that promises to pay 8% each year. You will keep this…

A: Future value of the present amount With present value (PV), interest rate (i) and period (n), the…

Q: Larry James is planning to invest $25,500 today in a mutual fund that will provide a return of 0.08…

A: Future Worth is value of current amount at future point of time. It is computed by compounding that…

Q: You are an employee that earns 20,000 per month. Assuming that you want to invest half of the amount…

A: The future value of the investment can be found by using the compound amount formula. The same is as…

Q: You have just invested a one -time amount of $4,000 in a stock -based mutual fund. This fund should…

A: Investment = $ 4000 Annual return = 6% Investment period = 28 Years

Q: Riley invests to a 7-year mutual fund. She invests P50,000 that has a net asset value of P1.25 per…

A: The question is based on the concept to find a return from investment in a mutual fund(MF). Return…

Q: You have just invested a one-time amount of $5,000 in a stock-based mutual fund. This fund should…

A: Given Information, Amount Invested = $5,000 Interest rate =9% Time Period =35 years  To Find:…

Q: Computing the Future Value of a Single Amount Evans invested $100,000 today in a mutual fund…

A: The mathematical equation for the concept is:

Q: Carl invests $10000, partly in a secure GIC at 5% interest per year and the rest in a mutual fund…

A: Given, The amount of investment is $10,000 Interest rate in GIC is 5% Interest rate of MF is 7.5%

Q: Franco plans to invest P1,500 in a mutual fund. If he earns 12% interest compounded monthly, to what…

A: Future value of annuity is referred as the value of group, which used to recur the payment in the…

Q: Two years ago, Lizzy Martinez, from Atlanta, GA, invested $1,000 by buying 125 shares (8$ per share…

A: The income tax has to be paid on the amount of difference between the sale amount of shares and the…

Q: Siti Khadijah invested RM30 000 in Sudir Mutual Fund and Kajol Mutual Fund.Sudir Mutual is giving a…

A: Weight of Investment: The proportion of an investment portfolio that a given holding or kind of…

Q: If you invest P5,000 in a mutual fund extending a total annual return of 8% and you re-invest the…

A: Investment = 5000 Annual Return = 8% Time Period = 5 years

Q: you have just invested a one time amount of $4,000 in a stock based mutual fund. this fund should…

A: Mutual fund is simply a scheme whose bussiness is to take money from the retail investors and make a…

Q: The AMD investment company has advertised a new Mutual Fund that has advertised to pay 10 %…

A: Actual Rate: It is the return (gain or loss) made on an investment or portfolio of an investor.…

Q: 3. If you invest P5,000 in a mutual fund extending a total annual return of 8% and you re-invest the…

A: Investment = 5000 Return % = 8% Time Period = 5 years

Q: You are on employee that earn Php. 20,000 per month. Assuming that you want to invest half of the…

A: Monthly earning = Php. 20,000 Monthly investment (P) = 20,000/2 = Php. 10,000 Interest rate = 6%…

Q: Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000…

A: When all the sum of the observations is divided by its observations is referred to as Mean or…

Q: Mary Stahley invested $3500 in a 48-month certificate of deposit (CD) that earned 9.5% annual simple…

A: Solution Concept Simple interest is calculated on the beginning principle and no interest is charged…

Q: Ben invested P5000 in a fund at the beginning of every month for five years. The fund earning an…

A: Monthly investment (P) = P 5000 Period = 5 Years Number of monthly payments (N) = 5*12 = 60 Annual…

Q: Forty years ago, you began investing $2,000 a year. Because your investments earned an average of 2…

A: Investment made= $2000 a year Investment made in 40 years time = $2000 a year * 40  I

Q: If you invest P5,000 in a mutual fund with a total annual return (interest rate) of 8% and you…

A: Amount invested(PV) is P 5,000 Interest rate(rate) is 8% Time period is 5 year. To Find: Value of…

Q: Consider that Adjovi Hevi placed GHS 12,525 in Mutual Fund for the next 15 years. She is to earn a…

A: The mutual fund is an investment avenue that pools funds from individual investors and invests such…

Q: Mary Stahley invested $2500 in a 48-month certificate of deposit (CD) that earned 9.5% annual simple…

A: Calculating the total value of investment by annual simple interest on certificate of deposit. We…

Q: You have OMR 12,000 in cash. You can deposit it today in a mutual fund earning 8.2 percent…

A: When the amount is invested with some interest rate over the period of time to get amount…