Alysha plans to invest $5000 in an equity fund every year end beginning this year....

60.1K

Verified Solution

Question

Finance

Alysha plans to invest $5000 in an equity fund every year end beginning this year. The expected annual return on the fund is 12 percent. How much would she expect to have at the end of 18 years?

$278749

$244418

$317198

$249418

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