Math 141
A mutual fund work with this rates:
NAME | Net assets (Mil $) | 3 year return | 5 year return | 10 year return | Risk Rating | Expense Ratio |
11 | 3.2% | 5.2% | 6.0% | Low | 1.37% |
Questions:
Find the average return over the last ten years on a mutual fund of your choice. Use that average return to see what your investment account would look like if you had invested $10,000 at that rate of return, at 2% less, and at 2% more for 35 years compounded quarterly. Show your result numerically and graphically. What can you conclude about the affect of the rate of return on your retirement plans?
12 years ago
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