Question
Which of the following investments will provide Annie with greater wealth 30 years from now? Group of answer choices $1000 invested in a stock mutual
Which of the following investments will provide Annie with greater wealth 30 years from now?
Group of answer choices
$1000 invested in a stock mutual fund earning 10 percent annually for 30 years.
$1000 invested in a checking account earning 0.01 percent annually for 30 years.
$1000 invested in a Traditional IRA earning 10 percent annually for 30 years.
$1000 invested in a bond mutual fund earning 6 percent annually for 30 years.
3.
For a given stated rate of interest, a dollar sum compounded monthly will earn a sum compounded annually.
Group of answer choices
the same interest as
more interest than
less interest than
It depends on an individuals luck.
4.
The price of a bond with an 6% coupon rate paid semi-annually, a par value of $1,000, and fifteen years to maturity is the present value of
Group of answer choices
15 payments of $60 at 6 month intervals plus $1,000 received at the end of the fifteenth year.
30 payments of $60 at 1 year intervals plus $1,000 received at the end of the 30th year.
30 payments of $30 at 6 month intervals plus $1,000 received at the end of the fifteenth year.
15 payments of $30 at 6 month intervals plus $1,000 received at the end of the fifteenth year.
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