Question: Assume the same hypothetical age in question 1 which is 21 years and 1 month, assume you can earn 10 % per year in the

Assume the same hypothetical age in question 1 which is 21 years and 1 month, assume you can earn 10 % per year in the stock market in the stock market by investing in the S&P500; assume you buy $10,000 worth of an index ETF that represents the S&P500. At what age your initial investment of $10,000 will be $40,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

On January 1, 2021, Marshall Company acquired 100 percent of the outstanding common stock of Tucker Company. To acquire these shares, Marshall issued $200,000 in long-term liabilities and 20,000...

P25-24A (book/static) con Pinterest rates and to contin can be reading the three fogo MO Mere on the way we are con 4100 certo per un campo. Health Hem direct Per 20 1 X Vw C www 2 din P26-29A...

Please provide help with the attached document for a business finance class Business 2210 Unit 2 Project- Solution You Must Demonstrate Computational Support To Receive Any Credit 1. (10 Points) Bill...

This is for business Finance and I need help with this. Business 2210 Unit 2 Project- Solution You Must Demonstrate Computational Support To Receive Any Credit 1. (10 Points) Bill starts a retirement...

. You expect to receive the following payments: end of year 1 $10,000 2 $10,000 3 $10,000 4 $10,000 You plan to invest these payments in stock funds. If your investments earn 10% per year, how much...

Question 25 (1 point) Starting today, Jordan invests $200 at the beginning of each month into stocks that are expected to earn 10% per year. How much will this investment be worth in 35 years?...

Do all problems please => questions 1,2,3 & additional problems 1,2,3(a),3(b),3(c) Before going to Europe on business, a man drove his Rolls Royce to a downtown New York City bank and went in to ask...

Assuming 17 years is the age (Year and months, no days, for example, if 23 years and 7 months and 12 days, use 23 years and 7 months) that has not been chosen by any other students, and assume you...

this is general entries correct Date Description April 1, 2018 Jaymie Demears and Rick Mester each invested $20,000 to establish Dora's Diner. Each were issued 4,000 shares of $5 par value common...

Please answer all 4 questions 25-28 A firm has a ROA of 20%, a current ratio of 3.25, and a debt ratio of 25%. The firm has net income of $10,000. How much equity does the firm have? Question 23 (1...

The Moran Book Company's accounting records include the following for 2021 (in thousands): (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Prepare Moran Book...

What is an adiabatic process? What is an adiabatic system?

An ordinary annuity pays 6.48% compounded monthly. (A) A person wants to make equal monthly deposits into the account for 15 years in order to then make equal monthly withdrawals of $1,500 for the...

Which of the following evaluation methods results in a lower inventory value? Group of answer choices LIFO. FIFO. WAVCO. Standardized.

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

1. LaunchPad for Real Communication offers key term videos and encourages selfassessment through adaptive quizzing. Go to bedfordstmartins.com/realcomm to get access to: LearningCurve Adaptive...

2. The Kings Speech centers on Alberts address to the British people on September 3, 1939, at the outbreak of World War II, audio recordings of which are available online. Listen to them, and...

3. While in class, select a partner and give a one- to two-minute impromptu speech on a topic of your choice. Your partner will write down both negative and positive feedback to share with you, and...