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dont copy from any where please attempet if you sure The following table shows the average returns for some of the largest mutual funds commonly

dont copy from any where please attempet if you sure

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The following table shows the average returns for some of the largest mutual funds commonly found in retirement plans. Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) PIMCO Mutual Fund Fidelity Growth Company Vanguard 500 Index Total Return Vanguard Total Bond Market Index Rate of Return 14.83% 14.25% 2.77% 3.67% Type Stock fund Stock fund Bond fund Bond fund Part 1 How much would be accumulated after 25 years in a retirement account invested entirely in the Vanguard stock fund with payments of $300 per month? HINT (See Quick Example 1.) (Round your answer to the nearest cent.) Part 2 For the past 25 years you have been depositing $700 per month in the Vanguard bond fund, and you have now transferred your current balance to the PIMCO bond fund, where you plan to continue depositing $700 per month until you retire in 30 years. How much can you anticipate having in the investment when you retire? HINT (See Example 1.) (Round your answer to the nearest cent.)

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