Math 141

profilerebcca 1

A mutual fund work with this rates:

 

NAME

Net assets (Mil $)

3 year return

5 year return

10 year return

Risk

Rating

Expense Ratio

Valley Forge

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?

 

    • 10 years ago
    • 3
    Answer(0)
    Bids(0)