Imagine that you have ($10,000) to invest. Use a newspaper, the Internet, or other source to select

Question:

Imagine that you have \($10,000\) to invest. Use a newspaper, the Internet, or other source to select a mutual fund. Use the same source to fi nd out how much gold you could buy for \($10,000\). Track the performance of these two investments for 30 days.

1. Calculate

(a) the rate of return if you invested the \($10,000\) and sold the investment 30 days later. Disregard tax consequences or mutual fund withdrawal penalties.

(b) How much return would you receive if you had put the money in a savings account with 4 percent interest?

2. Compute by using graphics or presentation software to show the two investments’ performance.

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