rodrigolopez2124 rodrigolopez2124
  • 22-03-2024
  • Business
contestada

5. Billy's twin Bobby also inherits $15,000. Bobby decides to invest it in an index fund with an
expense ratio of 0.3%. Over the next 25 years the fund gets a return of 7%.
a. What is Bobby's effective rate of return?

Respuesta :

Otras preguntas

Which number is the smallest? A) 1.28 x 10-4 B) 2.85 x 10-6 C) 3.24 x 10-5 D) 5.48 x 10-8
What math operation would I use to solve "3 below -5"?
How do you divide a decimal?
If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what is the Profit for the business?
CAN SOMEONE HELP ME PLZ
Built sod houses , used dry farming techniques , used barbed wire fences , burned cow and buffalo chips for fuel , windmills pimped water , steel pow used for t
I need to know the answers
Why does an increase in literacy rates often accompany an increase in per capita income? People who have higher-paying jobs often have the time available to dev
How to evaluate f(2) and f(3)
Describe the significance/importance of the battle.