Calculate the future value of $1000 invested for 3 years at an 8% annual rate of interest with monthly compounding.
Answer to relevant QuestionsWhat does it mean to say market efficiency has three "levels?" Why does Ellis believe that limiting investor activity to the investment levels described in question 25 maximizes investor returns over the long run? Can you relate Ellis' recommendations to behavioral finance? You have just signed off on a legal judgment that will pay you $10,000 immediately, with this amount growing every year in perpetuity by 4% per year. If your discount rate is 12%, what lump-sum payment today would be ...You have won a contest. Your prize consists of 5 payments of $10,000 made at the end of years 2, 4, 6, 8 and 10 (assume that "right now" equals time zero), or a one-time lump-sum cash payment made at time zero. You have a ...If you save $2400 a year into a 401(k) retirement plan (with deposits made in 12 equal monthly installments) for the next 20 years and earn an average rate of interest of 9% per year, how much will you have at the end of the ...
Post your question