Bob has been investing $4,750 in stock at the end of every year for the past 10 years. If the account is currently worth $73, 240, what was his annual return on this investment?

Q: Ten years after purchasing shares in a mutual fund for $7600, the shares are sold for 11,900. What…

A: The rate of return refers to the minimum return to be earned over an investment by the investors in…

Q: sarah allen is 20 years old and plans to make the following investments beginning next year. she…

A: The FV of an investment refers to the cumulative worth of the investment's cash flows at a future…

Q: You originally purchased a stock for $45 and now its worth $63. What annual rate of interest did you…

A: Annual rate of interest is the rate of interest which is earned by the investor from his investment.…

Q: Bob has been investing $2,250 in stock at the end of every year for the past 10 years f the acourt…

A: Annual investments = $2250Period = 10 yearsFuture value = $34780

Q: Barry plans to invest $350 a month for the next 30 years, how much money will he have in his account…

A: Given data, monthly payment = $350 number of years = 30 years annual rate = 12%   To calculate the…

Q: On January 1, 2016, Charley Dow bought 1,000 shares of stock at $12 per share. On December 31, 2018,…

A: The rate of return refers to the profits that the investment provides to the investor. It is used to…

Q: On January 1, 2016, Charley Dow bought 1,000 shares of stock at $21 per share. On December 31, 2018,…

A: Present Value = $21Holding period = 2 yearsFuture value after 2 years = $27

Q: James and Terry buy 100 shares of Verizon Stock. Over the last twenty years the stock has increased…

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

Q: Mr. Dow bought 100 shares of stock at $24 per share. Three years later, he sold the stock for $30…

A: The annual rate of return of a company is the amount of money that is earned or loss incurred at the…

Q: A retired couple invested $12000 in bonds at a simple interest rate of 8%. At the end of one year,…

A: Simple interest is the interest which is calculated only on the principal amount. When we calculate…

Q: If you make a $5,000 investment in stock today, and hold the investment for 10 years and decide to…

A: The objective of the question is to calculate the future value of an investment given the initial…

Q: When your uncle started work on his twenty-first birthday, he decided to invest money each month…

A: Future value = $1,000,000Interest rate = 2% compounded monthlyPresent age = 21Retirement age = 61

Q: ould like to accumulate $1,300,000 in investments for her financial independence in 24 years from…

A: Future value of the money is the amount that is being deposited and amount of compounded interest…

Q: Ashton invested $8450 for five years in his savings account that was earning 3.2% compounded…

A: To calculate the future value we will use the below formula   Future value = P*(1+r)n Where Invested…

Q: Bob has been investing $3,500 in stock at the end of every year for the past 9 years. If the account…

A: The return on investment will be found by using the RATE function in the Excel sheet where the…

Q: George recently received a great stock tip from his friend, Mason. George didn't have any cash on…

A: As per the IRS provisions, any interest due towards money borrowed for investment purposes (also…

Q: Natalia Sandino was given 750 shares of stock in the fitness center where she is employed as a…

A: Natalia's total return from the stock investment includes both the capital gain from selling the…

Q: Peter invested his $100 in bond B with a 10% interest after some years. In less than 2 years, he…

A: Future value (FV), centered on the supposed rate of inflation, is the value of a current asset at a…

Q: Jess invested 200,000 at 14% interest compounded every three months for 8 years. How much did he…

A: Future Value refers to the compounded value of a single cash flow received today or multiple cash…

Q: Marcellus has been saving $3,600 at the beginning of every year for 27 years. Now, at the end of the…

A: In annuity due the payments are done at the beginning of period so there is more interest rate for…

Q: Morgan opened an RRSP account and deposited $2,800.00 into it. She then deposited $900.00 at the end…

A: Deposit at year-0 = $ 2800 Deposit at year-1 = $ 900 Deposit at year-2 = $ 575 Interest rate = 2.20%…

Q: If you make a $5,000 investment in stock today, and hold the investment for 10 years and decide to…

A: The objective of the question is to calculate the future value of an investment given the initial…

Q: An investor states, “I bought this stock for $50 several years ago and it now sells for $100. It…

A: The investor is calculating the rate of return by dividing the dividend by the purchase price of the…

Q: Ten years ago, Ginny inherited $50,000 from her grandmother. She decided to invest all of this money…

A: Amount invested to earn return is known as investment. Investment offers two types of return. One is…

Q: Your employer gives you a stock bonus of $1,000 in your company at the beginning of each year. You…

A: Stock Bonus = $ 1000 each year Rate of Growth(r) = 15% Future value of annuity = I *[{(1+r)^(n+1) /r…

Q: Mr. Adam saved some money to invest, and he found an investment that pays 12 percent per year. That…

A: We need to use compound interest formula to calculate final amount after specified periods. A =…

Q: "Christopher recently inherited $ 1,290,000, which she immediately invested in an equity index…

A: Amount invested today = $1,290,000Monthly withdrawal = $6,000Number of years = 47 yearsAccount…

Q: Stephanie Watson plans to make the following investments beginning next year. She will invest $2,886…

A: Future value of a single sum can be calculated by using this formula Future value =PV(1+i)n Where PV…

Q: You inherited $300,750 and invested it at 6.25% per year. How much could you withdraw at the…

A: Withdrawal used to involve in the removing of the funds from the investment plans, savings plan,…

Q: Mr. Areola is planning to make an additional investment at the end of each year for his retirement…

A: Future value of his deposits needs to be calculated at a rate of 11%. Refer to the excel for the…

Q: Tommy Boy is planning to buy a house in four years. He is looking to invest $25,400 today in an…

A: To compute the future value of Tommy Boy's investment, we can use the formula for compound…

Q: Richard invests $182.07 every month into his morgage. At the end of 30 years, he has a balance of…

A: Given:Monthly investment (P): $182.07Number of years (t): 30Future balance (A): $132,932.25

Q: In a One Day FX trade what is my potential profit and potential loss if I BUY 400,000 units of the…

A: To calculate your potential profit and loss for this trade, let's break it down step-by-step:Entry…

Q: Antonia invests $2,000 in the stock market, and the value of her stock grows at an 8% rate for the…

A: The time value of money is an important concept that determines the future and the present value of…

Q: Sarah Allen is 20 years old and plans to make the following investments beginning next year. She…

A: Future value The value of the investment after a specified period of time in the future at a…

Q: Derek is investing in a 401(k) that promises 5.99% annual growth. He plans on investing $180 each…

A: The interest component is calculated as difference of future value of annuity and total deposits

Q: On January 1, 2016. Charley Dow bought 1,000 shares of stock at $28 per share. On December 31, 2018,…

A: The rate of return refers to the profits that the investment provides to the investor. It is used to…

Q: Marty Neilson has just invested $130,000 in a restaurant that will provide him with an annual income…

A: The objective of the question is to calculate the Accounting Rate of Return (ARR) for Marty…

Q: Brad is working with a financial planner and is confident that he can invest in mutual funds that…

A: Annual return (r) = 10% or 0.1Number of years (n) = 40Future Value (FV) = $2 million or…

Q: Josh has an investment account with $50,000. If Josh earns 6% per year and contributes $400 each…

A: Future Value = Present Value * ( 1 + Intererst rate) time period

Q: sets aside $100 per month during her 40 year career. She invests in the US stock market* through an…

A: Monthly Savings = 100 N = 40 years i.e. 480 months Return % = 7%/12 = 0.58333%

Q: Benjamin wants to have $12,000 in 15 years after investing in an account that earns 4.2% compounded…

A: Future  Value or Amount that Benjamin wants is $12,000 Time period is 15 years Interest rate is 4.2%…