s first 10 years a mutual fund produced an average annual return of 20.77%. Assume that money invested in this fund continues to earn 20.77% compounded annually. How long will it take money
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- If 90,000 is invested in a fund on December 31, 2019, and 5 equal annual withdrawals of 23,138.32 are made starting on December 31, 2020, that will deplete the fund, what is the interest rate being earned if interest is compounded annually?In its first 10 years a mutual fund produced an average annual return of 19.17%. Assume that money invested in this fund continues to earn 19.17% compounded annually. How long will it take money invested in this fund to double? It will take approximately year(s) for the money invested in this fund to double. (Round up to the nearest year.)What is the equivalent average annual effective rate of interest over 5-year period if the fund earns d^{(4)} = 4% for the initial 1 year, d^{(12)} = 6% for the next 2 years, and i^{(6)} = 9% in the last 2 years?
- A no-load (commission-free) mutual fund has grown at a rate of 10% compounded annually since its beginning. If it is anticipated that it will continue to grow at this rate, how much must be invested every year so that $120,000 will be accumulated at the end of six years?You invest money in a fund that paid 9% simple interest paid annually. If it is worth $21,200.00 in 11 months, a) what is the present value? $ b) What is the rate of return? (answer as a percent 2 decimal places)A pension fund is expected to produce a cash flow of $1,000 at the end of the upcoming year. This cash flow will grow at a rate of 10% for five years and then at the rate of 7% indefinitely. Assume the annual interest rate for pension-related investments is 12%. 1) What is the value of the pension fund?
- An investor puts $2,000 into a deposit account with a fixed rate of return of 10% per year. A second sum of $1,000 is invested in a fund with an expected rate of return of 16% and a standard deviation of 8% per year. a. Find the expected value of the total amount of money this investor will have after a year. b. Find the standard deviation of the total amount after a year.Sevim wants to create a savings of 95,000 TL at the end of 30 years. For this purpose, it plans to continue its investment by adding 120 TL to the bank at the end of each month for the first 120 months, and 120 TL + X TL for the remaining period. Calculate the value that X will receive under the assumption that the fund in which Sevim invests has an annual effective interest rate of 4.2%.A pension fund starts the year with $50million. After 6 months it has appreciated to $60million at which point it pays out pension of $20million. In the second half of the year, the fund appreciates by a further 50% Required; 1. Calculate the annually compounded $ Time weighted rate of return 2. Calculate the annually $ weighted rate of return 3. Suppose that this fund has a midyear cash inflow of $ 20 million rather than an outflow. Would this reduce or increase the time weighted rate of return
- Since 2007, a particular fund returned 13.2% compounded monthly. How much would a $6000 investment in this fund have been worth after 3 years? (Round your answer to the nearest cent.)Over a 10-year period, the Growth Fund of America had annual returns of 0.02%, 29.8%, 14.84%, 26.86%, 31.78%, 45.7%, 7.49%, −12.2%, −22.02%, and 32.9%. What fixed annually compounded rate of return did the fund realize over the 10 years?An investment promises a series of constant annual $4,000 payments for the next 9 years, with the first payment occurring one year from today. In the year after that, the annual payment is cut in half and continues at the new constant level each year forever. Using a discount rate of 7%, what is today's cash equivalent value for the investment? Enter year answer as a positive number and round to the nearest dollar. Type your answer.....