4. You just graduated and landed your first job in your new canse Yo your...

80.2K

Verified Solution

Question

Finance

image
4. You just graduated and landed your first job in your new canse Yo your favorite finance professor told you to begin the painless job of saving for as soon as possible, so you decided to put away $5,000 at IRA Yourexpected annual rate ofreturn on the lRA is 72% How much will you accumulate after 42 years of investing? tment in s a. $961,029.46 b. $1,218,26681 c. $1,386,745.73 d. $1,888,023.76 25. You purchased 500 shares of Kaldwin Inc. common stock share. You received total dividends of $1.67 per sh close out your position by selling at $35.72 per share. What is your P are over the last year and deside a. 14.52% b. 11.29% c. 10.85% d. 7.99% 6 of 6

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students