When Jill Thompson received a large settlement from an automobile accident, she chose to invest $140,000 in

Question:

When Jill Thompson received a large settlement from an automobile accident, she chose to invest $140,000 in the Vanguard 500 Index Fund. This fund has an expense ratio of 0.14 percent. What is the amount of the fees that Jill will pay this year?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

See More Books

Question Posted: Jun 02, 2022 09:04 AM

See More Questions

Whiplash sometimes results from an automobile accident when the victims car is struck violently from the rear. Explain why the head of the victim seems to be thrown backward in this situation. IS it...
Jill Locey, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Ben Newell is the owner of the company where Jill works....
Jill sells bouquets of flowers that she grows in her backyard. Jill's marginal cost of producing bouquets is given by MC = 0.25Q, where Q is the number of bouquets she makes. Jill can sell all the...
Kebri LTD. sells Radios and Televisions. They have recorded their monthly revenue as follows. Revenue(Y) 330 180 209 390 391 304 347 461 538 610 Radio units (X1) 55 71 92 113 134 156 171 193 219 232...
a. Solve E = t s / n for s. b. Substitute 1.746 for t, 16 for n, and 3.623 for E in the formula that you found in part (a), and then solve for s. Round the result to the first decimal place.
Some 500 customers a day line up to buy Avalons breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to 15 more. Its payroll will climb by 30...
Would financial forecasting be relevant for nonfinance majors when they graduate and enter the workforce? Explain. AppendixLO1
Calculating Financial Ratios Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: a. Current ratio. b. Quick ratio c. Cash ratio. d. NWC to total...
McSteamy Inc, is considering a capital investment project. that requires an initial investment of $59,056, will provide annual cash flows of $27,755 and the PV of cash flows is $94,010. What is the...
A particle is confined to the one-dimensional infinite potential well of figure. If the particle is in its ground state, what is its probability of detection between?(a) x = 0 and x = 025L,(b) x =...
The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. a. If you invest $64,000 in this fund, what is the dollar amount of fees that you would pay this year? b. Based on the...
As part of his 401(k) retirement plan at work, Ken Lowery invests 5 percent of his salary each month in the Capital Investments Lifecycle Fund. At the end of this year, Kens 401(k) account has a...
City Youth Services (CYS) is a not-for-profit organization established to provide counseling and other services to children under the age of 18. It concentrates on troubled teenagers who are...
Waverly Company Ltd. currently produces 8,000 units per year of SB 200 (snowboard), which is a component of the company's major products. SB 200 has the following unit cots Direct materials - $35.50...
Norton Ltd manufactures a single product, which is sold for $150 per unit. The standard variable costs per unit of the product are: Direct material 4 kilos at $8 per kilo Direct labour 5 hours at $10...
QUESTION 4 Murni Selasih Bhd is considering investing in a project that will generate higher returns Currently, the company has two projects with forecasted outcomes under consideration. The possible...
ABC plans to sell 60,000 units of product 751 in June, and each of these units requires five sq. ft. of raw material. Additional data is as follows: Product Raw No. 751 Material Actual June 1 11,200...
Case: Tom has felt anxious and constantly on edge over the past 3 years. He has few social contacts because of his nervous symptoms. He is married with 3 children and worries about if he is a good...
In 2018, Lana, a single taxpayer with AGI of $204,400, claims three dependent children, all under age 17. What is the amount of her child credit?
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
1. Based on their current life status, what are some of the goals Jamie Lee and Ross should set to achieve when developing their insurance plan? 2. What four questions should Jamie Lee and Ross ask...
List the four steps in planning for your insurance program.
What would it cost an insurance company to replace a familys personal property that originally cost $25,000? The replacement costs for the items have increased 15 percent.
Accounting changes fall into one of three categories. Identify and explain these categories and give an example of each one.
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...

When Jill Thompson received a large settlement from an automobile accident, she chose to invest $140,000 in

Question:

Step by Step Answer:

Ms Thompson must pay a total ...View the full answer

Focus On Personal Finance

Students also viewed these Business questions