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1) The owner of an industrial company will invest in marketable a fixed income mutual fund, an amount of $480,000, the profi will be paid
1) The owner of an industrial company will invest in marketable a fixed income mutual fund, an amount of $480,000, the profi will be paid for the investment is an AER of 7.5% if he ma investment for 3 years. The businessman made 3 withdrawal days, the first one of $80,000, after 130 days after the first with made a second withdrawal of $180,000 and a third withdrawal after 100 days after the second withdrawal; however, 15 days at withdrawal, he communicates to the company with which he ne conditions of the fund that he will cancel himself. The investment company has established the following rates for income funds: AER of 3% from 1 day to 240 days. AER of 4% from 240 days to 360 days AER of 6% from 361 days to 720 days AER of 7.5% from 721 days to over 721 days Calculate: how much did the entrepreneur receive at the end of all trans
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