Question: Please show all the work. Complete the following table assuming compounded interest annually. For the first two entries, you will need to Choose a local

Please show all the work.
Complete the following table assuming compounded interest annually. For the first two entries, you will need to Choose a local bank and find the two indicated percentage rates. For entries three and four, you will need to research online these two Vanguard Exchange Traded Funds and find the two indicated percentage rates from Inception. The last four entries are individual stocks and I have provided the rate of return for 2016. (2017 was a bit too speculative) Use the interest rate you find for each as the assumed 'fixed' interest rate to compute the value of $10,000 Initially invested after 5 years and 30 years. 1- P1+ year Pent $10,000 initial 5 yrs later $10,000 Initial 30 yrs later Investment Average Source Yearly Interest Rate Local Bank Savings Account Bank of 0.03 Acco 10000 X ( 1 02 10000x150 LIDO00 x 1 10000 Local Bank CD (1yr) Bank of 007 Decoce Vanguard Long Term Bond ETF 19.051 Exchacer Vanguard Vanguard S&P 500 ETF - TDI 12.15% Vanguard Exchange Morningstar Apple 4.43% Morningstar General Electric 10.95% Morningstar Amazon 44.5% Morningstar Domino's Pizza Write a brief paragraph about your findings and possible surprises from doing this project
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
