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please solve these things Suppose you invest $1000 into a mutual fund that is expected to earn a rate of return of 11%. The amount
please solve these things
Suppose you invest $1000 into a mutual fund that is expected to earn a rate of return of 11%. The amount of money will you have in ten years is closest to which of the following? The amount you will have in 50 years is closest to which of the following? O $3123; $221,478 O $1420; $110,739 O $2271; $166,109 O $2839; $184,565 If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 6% per year? O $316.25 O $379.50 $158.13 O $506.00Step by Step Solution
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