If a mutual fund earns a return of 8.5% and has an expense ratio of 1.5% per
Fantastic news! We've Found the answer you've been seeking!
Question:
If a mutual fund earns a return of 8.5% and has an expense ratio of 1.5% per year, the investor really earns _____ % return on their investments.
What is the Future Value of an investment of $4000 annually (an annuity) at 7% return for 40 years?
If a mutual fund earns a return of 8.5% and has an expense ratio of .5% per year, the investor really earns _____ % return on their investments.
What is the Future Value of an investment of $4000 annually (an annuity) at 8% return for 40 years?
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date: