Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have the following assets: $10,000 in a US Stock Mutual Fund and $15,000 in an International Stock Mutual Fund. You plan on retiring in

You have the following assets: $10,000 in a US Stock Mutual Fund and $15,000 in an International Stock Mutual Fund. You plan on retiring in 30 years. How much will your asset be worth if the average return for US Stock Fund was 8% and the average return for your International Fund was 4%?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ebay Tips And Tricks To Increase Your Ebay Sales

Authors: Jessica Wilson

1st Edition

1774854015, 978-1774854013

More Books

Students also viewed these Finance questions