\begin{tabular}{|c|c|c|c|} \hline & WARREN & ELON & OPRAH \\ \hline Age Start & 22 & 25 & 40 \\ \hline Age end & 75 & 65 & 80 \\ \hline How much invested? & \begin{tabular}{l} \$150 weekly \& \\ compounding \\ weekly \end{tabular} & \begin{tabular}{l} \$600 monthly \& \\ compounding \\ monthly \end{tabular} & \begin{tabular}{l} \$1,750 quarterly \\ \& compounding \\ quarterly \end{tabular} \\ \hline Total saved per year & weekly & monthly & quarterly \\ \hline Fund type & Index & Managed & Index \\ \hline Fee & 3 basis points & 2.25% & 1.00% \\ \hline \begin{tabular}{l} Market return \% before \\ fees \end{tabular} & 8% & 8% & 8% \\ \hline Return % after fees & % & % & % \\ \hline A FV calculated at 8% & $ & $ & $ \\ \hline \begin{tabular}{l} B FV after fees \\ \begin{tabular}{c} (calculate eV using return % after fees \\ growth rate) \end{tabular} \end{tabular} & $ & $ & $ \\ \hline & $ & $ & $ \\ \hline \end{tabular} Warren invested \$ per earning a(n) % return. He/She invested a total of $ per year for years. He/She chose to invest in a(n) fund, paying % in fees for a net return of % after fees. Net of fees (after fees), He/She accumulated $ , and paid a total of $ in fees. ELON Elon invested \$ per earning a(n) % return. He/She invested a total of $ per year for years. He/She chose to invest in a(n) fund, paying % in fees for a net return of % after fees. Net of fees (after fees), He/She accumulated $ , and paid a total of \$ in fees. OPRAH Oprah invested \$ per earning a(n) % return. He/She invested a total of $ per year for years. He/She chose to invest in a(n) fund, paying % in fees for a net return of % after fees. Net of fees (after fees), He/She accumulated and paid a total of \$ in fees. Choose the correct "Returns after fees" combination below Warren 5%, Elon 5.75%, Oprah 6% Warren 8%, Elon 5.75%, Oprah 5% Warren 7.97%, Elon 5.75%, Oprah 7% Warren 7.7%, Elon 6%, Oprah 7% QUESTION 2 Choose the correct combination of answers for FV Calculated at 8% (rounded) Warren - $6,647,752 Elon - $2,094,605 Oprah - $1,992,367 Warren - $7,867,752 Elon - $4,094,605 Oprah - \$2,192,367 Warren - $8,647,752 Elon - \$4,094,605 Oprah - $3,192,367 Warren - $5,453,678 Elon - \$2,094,999 Oprah - $1,192,367 QUESTION 3 Choose the correct combination of answers for FV Calculated after fees (rounded) Warren - $6,647,752 Elon - $2,094,605 Oprah - \$1,192,367 Warren - $6,566,136 Elon - $1,116,882 Oprah - $1,505,118 Warren - $8,647,752 Elon - $4,094,605 Oprah - $3,192,367 Warren - $5,453,678 Elon - \$2,094,999 Oprah - $1,192,367 Choose the correct combination of answers for Total Fees Paid (rounded) Warren - $481,617 Elon - $477,722 Oprah - $87,249 Warren - $181,617 Elon - $778,712 Oprah - $187,249 Warren - $81,617 Elon - $97,722 Oprah - $87,249 Warren - $81,617 Elon - $977,722 Oprah - $487,249 QUESTION 5 How much money were each of the billionaires investing per year? Warren - $8,800 Elon - $6,200 Oprah - $8,000 Warren - $800 Elon - $78,000 Oprah $7,000 Warren - $7,800 Elon - $7,200 Oprah $7,000 Warren - $7,000 Elon - $7,000 Oprah $7,000 QUESTION 6 Why do you think the person with the most money ended up that way? He/ she started later, paid lower fees, and was investing in a product that was compounding less frequently. He/ she started earlier, paid lower fees, and was investing in a product that was compounding less frequently. He/ she started later, paid higher fees, and was investing in a product that was compounding more frequently. He/ she started earlier, paid lower fees, and was investing in a product that was compounding more frequently. Which of these people would you like to emulate? Warren Elon Oprah My friend Leroy