Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 15 (2.5 points) Use the following for the next question: An investor has invested $100,000 in the stock market where the expected return is
Question 15 (2.5 points) Use the following for the next question: An investor has invested $100,000 in the stock market where the expected return is 9% and the standard deviation is 18%. You note the following: 95% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $102,000 $1,803,000 80% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $167,000 $1,100,000 0% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $428,000 $428,000 In 20 years, what value do you have a 90% or better chance of reaching? Question 15 options C1) S560,000 C 2) S102,000 3) $167,000 C 4) S428,000 C 5) $1,100,000 Question 16 (2.5 points) You have $1,000,000. If you earn 5%, how much can you withdraw at the end of each year over the next 30 years and still have $100,000 to leave as an inheritance? Question 16 options 1) Less than $50,000 C 2) S50,000 to $75,000 C 3) $75,000 to S100,0000 C 4) Greater than $100,000 Question 15 (2.5 points) Use the following for the next question: An investor has invested $100,000 in the stock market where the expected return is 9% and the standard deviation is 18%. You note the following: 95% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $102,000 $1,803,000 80% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $167,000 $1,100,000 0% confidence interval Time Expected Lower Limit Upper limit 20 $560,000 $428,000 $428,000 In 20 years, what value do you have a 90% or better chance of reaching? Question 15 options C1) S560,000 C 2) S102,000 3) $167,000 C 4) S428,000 C 5) $1,100,000 Question 16 (2.5 points) You have $1,000,000. If you earn 5%, how much can you withdraw at the end of each year over the next 30 years and still have $100,000 to leave as an inheritance? Question 16 options 1) Less than $50,000 C 2) S50,000 to $75,000 C 3) $75,000 to S100,0000 C 4) Greater than $100,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started