The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) Fidelity Growth Company Vanguard Total Bond Market Index Mutual Vanguard 500 Index PIMCO Fund Total Return Rate of 15.83% 13.25% 2.77% 2.67% Return Турe Stock fund Stock fund Bond fund Bond fund How much would be accumulated after 25 years in a retirement account invested entirely in the Vanguard stock fund with payments of $320 per month? HINT [See Quick Example 1.] (Round your answer to the nearest cent.)
The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) Fidelity Growth Company Vanguard Total Bond Market Index Mutual Vanguard 500 Index PIMCO Fund Total Return Rate of 15.83% 13.25% 2.77% 2.67% Return Турe Stock fund Stock fund Bond fund Bond fund How much would be accumulated after 25 years in a retirement account invested entirely in the Vanguard stock fund with payments of $320 per month? HINT [See Quick Example 1.] (Round your answer to the nearest cent.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The following table shows the average returns for some of the largest mutual funds
commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and
monthly compounding, and assume that the quoted rate of return continues indefinitely.)
Fidelity
Growth
Vanguard
Total Bond
Market Index
Mutual
Vanguard
500 Index
ΡIMCO
Fund
Total Return
Company
Rate of
15.83%
13.25%
2.77%
2.67%
Return
Туре
Stock fund
Stock fund
Bond fund
Bond fund
How much would be accumulated after 25 years in a retirement account invested entirely in
the Vanguard stock fund with payments of $320 per month? HINT [See Quick Example 1.]
(Round your answer to the nearest cent.)
101
DFocus
search
93](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F567b405c-a8ec-4133-a9f4-1b3e3fcbb4f8%2F57b6cdfb-31ab-4e0d-8644-0da4134dd87c%2Fwdm6q5q_processed.jpeg&w=3840&q=75)
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11 A A
Aa v ApE E E E E T
AaBbCcDd AaBbCcDd AaBbC AaBb AaBbCcD AaB AABBCCD
Replace
BIU ab x, x' A A E=== E EB Y
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9)
The following table shows the average returns for some of the largest mutual funds
commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and
monthly compounding, and assume that the quoted rate of return continues indefinitely.)
Fidelity
Growth
Vanguard
Total Bond
Market Index
Mutual
Vanguard
500 Index
ΡIMCO
Fund
Total Return
Company
Rate of
15.83%
13.25%
2.77%
2.67%
Return
Туре
Stock fund
Stock fund
Bond fund
Bond fund
How much would be accumulated after 25 years in a retirement account invested entirely in
the Vanguard stock fund with payments of $320 per month? HINT [See Quick Example 1.]
(Round your answer to the nearest cent.)
101
DFocus
search
93
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