Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Dennis has been dollar cost averaging in a mutual fund by investing $1,000 at the beginning of every quarter for the past 5 years. He has been earning an average annual compound return of 11% compounded quarterly on this investment. What is the value of the fund today?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M942942

Have any Question? 


Related Questions in Basic Finance

Lance industries borrowed 130000 the company plans to set

Lance Industries borrowed $130,000. The company plans to set up a sinking fund that will repay the loan at the end of 18 years. Assume a 6% interest rate compounded semiannually. What amount must Lance Industries pay int ...

1 why should a firms ability to use tax credit affect its

1). Why should a firm's ability to use tax credit affect its capital structure? 2). Briefly describe our three-step approach to the dividend decision. 3). (a). Describe the difference between secured and unsecured debt. ...

For questions a and b express your answer in a number

For questions A and B, express your answer in a number between 0 and 1 with four digits of precision (i.e. 25.01% is 0.2501). For question C, express your answer in two decimal places (e.g. 1.31) A manufacturing firm has ...

Suppose that melvins bank purchases gertrudes bank making

Suppose that Melvin's Bank purchases Gertrude's Bank, making Gertrude a subsidiary of Melvin. Does this acquisition benefit the stockholders of Melvin's Bank? Does the answer depend on the motives for the purchase? Expla ...

Which statement is falsea if pa 05 then the odds against

Which statement is false? A. If P(A) = .05, then the odds against event A's occurrence are 19 to 1. B. If A and B are mutually exclusive events, then P(A or B) = 0. C. The number of permutations of five things taken two ...

Suppose a company announces a bid to acquire a smaller

Suppose a company announces a bid to acquire a smaller rival on a day that macroeconomic news indicated that inflation was picking up. On the day of both announcements, the firm's return was -0.55% while the market retur ...

You have been working at your first job since college for

You have been working at your first job since college for five year. You now wish to buy a house instead of continuing to rent. You can only afford a monthly payment of $1,500. Assuming a 30-year mortgage, and an interes ...

Compare and contrast the main policies of the us federal

Compare and contrast the main policies of the US Federal Reserve and the European Central Bank over the last 10 years. Based on these policies, identify and contrast the main priorities of these institutions. How do thes ...

Assignment case studyreqiredassume you are employed as a

Assignment Case Study Reqired Assume you are employed as a graduate tax accountant and have been asked to detail to your manager, the Australian income tax implications of the following facts relating to Mrs Gilling, who ...

You want to save some money for your two dream vacations as

You want to save some money for your two dream vacations as well as have some money available during your retirement years. Today is your 35th birthday. You want to make annual deposit of $10,000 starting on your 40th bi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate