The following table shows the average returns for some of the largest mutual funds commonly found...
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The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) Fidelity Growth Vanguard Total Bond Mutual Vanguard 500 Index Total Return PIMCO Fund Company Market Index Rate of Return 14.83% 14.25% 2.77% 3.67% Type Stock fund Stock fund Bond fund Bond fund How much would be accumulated after 25 years in a retirement account invested entirely in the Vanguard stock fund with payments of $480 per month? The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) Fidelity Growth Vanguard Total Bond Mutual Vanguard 500 Index Total Return PIMCO Fund Company Market Index Rate of Return 14.83% 14.25% 2.77% 3.67% Type Stock fund Stock fund Bond fund Bond fund How much would be accumulated after 25 years in a retirement account invested entirely in the Vanguard stock fund with payments of $480 per month?
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Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson
Posted Date:
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