1 suppose you invest 1000 into a mutual fund that is, Ask an Expert

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1. Suppose you invest $1000 into a mutual fund that is expected to earn a rate of return of 11%.

A) How much money will you have in 10 years?

B) The amount of money will you have in 50 years is closest to which of the following?

2. If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next 4 years.

What is the present value of this business opportunity if the interest rate is 6% per year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91774136

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