Wednesday

April 1, 2015

April 1, 2015

Number of results: 1,697

**Statistics**

You have received a year-end bonus of $5000. You decide to invest the money in the stock market and have narrowed your investment options down to two mutual funds. the following data represent the historical quarterly rates of return of each mutual fund for the past 20 ...
*January 28, 2013 by Maree*

**math**

Your invest $3,000 annually in a mutual fund that earns 10 percent annually and you invest all distributors. How much will you have in the account at the end of 20 years? You invest $3,000 annually in a mutual fund with a 5 percent load fee so that only $2,850 is actually ...
*May 18, 2014 by Skyler*

**math**

if you invest $7500 in a mutual fund at $34.53 per share, how much profit would you make if the price per share increases to $46.17?
*October 12, 2009 by Bob*

**personal finance**

Which of the following statements is FALSE: A) Individual investors should be involved in choosing a mutual fund because they know how the objective of a mutual fund match their own investement objectives B)Professional fund managers do make mistakes C)Although investing in ...
*March 18, 2010 by vedrana*

**Personal Finance**

3. Highest performing mutual fund (averaged more than 20%) this year. Mutual fund -- Type -- Return 5. Lowest performing mutual fund for the past ten years. Mutual fund; Frontier Mocrocop Tyoe -- Return -7% 6. Highest money market rate. Money market -- Rate -- Min. Investment --
*February 18, 2014 by Anonymous*

**Statistics - Probability**

A mutual fund company has six funds that invest in the U.S. market and four funds that invest in foreign markets. An investor wishes to create a mutual fund portfolio composed of two U.S. funds and two foreign funds. Unknown to this investor, one of the U.S. funds and one of ...
*April 8, 2012 by Esther*

**mat/116**

Please help me slove this question. An investor invested a total of $3,200 in tow mutual funds. One fund earned 5% profit while the other earned a 2% profit. If the invesor's total profit was $103, how much was invested in each mutual fund? Tne amount invested in the mutual ...
*February 24, 2013 by Sade C*

**Finance**

On August 1, 2005 you invested $3,000 into a mutual fund. You then invested $1,000 into that same mutual fund on the first day of August for each of the years 2006 through 2013. You averaged a 7.25% annual rate of return on your investment in this mutual fund. What is the ...
*September 20, 2013 by Angie*

**math**

Justice wants to invest in a mutual fund for her retireme. If she expects to make 17% annually and wants to retire in 35 years, how much money must she invest per month to have 5 million dollars when she retires?
*March 19, 2012 by Salvador*

**algebra**

an investor invested a total of 1,600 in 2 mutual funds.One fund earned a 6% profit while the other earned a 2% profit. If the investors profit was $56, how much was invested in each mutual fund. amount invested in mutual fund that earned 6% was___ amount invested in fund that...
*March 30, 2012 by scott*

**algebra**

An investor invested a total of $500 in two mutual funds. One fund earned a 8% profit while the other earned a 4% profit. If the investor's total profit was $32, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 8% was? The amount ...
*November 16, 2012 by Samantha*

**algebra**

An investor invested a total of $2,600 in two mutual funds. One fund earned a 5% profit while the other earned a 3% profit. If the investor's total profit was $98, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 5% was $ ? The ...
*November 18, 2012 by Samantha*

**Finance**

Which of the following is true about hedge funds? A) They are heavily regulated B) Hedge fund investments are more liquid than mutual fund investments C) Most of the hedge fund managers receive very poor compensation D) The major portion of hedge fund's fees is based on ...
*February 25, 2012 by Stephanie*

**Personal Finance**

4. Mutual fund that averaged 12% for the past five years. 5. Lowest performing mutual fund for the past ten years. 6. Highest money market rate
*February 18, 2014 by Anonymous*

**MATH FOR LIBERAL ARTS**

Maria just inherited $10,000. Her bank has a savings account that pays 4.2% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 12%; during the second year, it ...
*June 21, 2010 by CARMEN*

**math**

A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock with an estimated return of 12% and a mutual fund with an estimated return of 6%. The estimate risk index for the international fund is 9 while the ...
*November 15, 2012 by Anonymous*

**Math**

A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock with an estimated return of 12% and a mutual fund with an estimated return of 6%. The estimated risk index for the international fund is 9 while the ...
*September 17, 2011 by Nica*

**math 141**

Maria just inherited $10,000. Her bank has a savings account that pays 4.1% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 11%; during the second year, it ...
*January 30, 2011 by puzzled*

**Math**

A person invests $4500.oo into 2 different mutual funds. The first has a 4.5% interest rate the second 6%. He made a total of $225 in the investment. How much did he invest in each fund?
*February 7, 2013 by Skyler*

**algebra 114**

an investor invested $800 in two mutual funds. One fund earned 7% and the other earned 3% profit. If the total profit was $48, how much was invested in each mutual fund.
*September 30, 2012 by debra*

**Finanical**

1. An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital gain of $2, and charges a fee of $2 when the fund is sold one year later for $52.50. What is the net rate of return from this investment?
*December 18, 2012 by Sandra*

**math**

1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
*October 28, 2011 by gaurav*

**math**

1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
*October 28, 2011 by gaurav*

**math**

4. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
*October 29, 2011 by gaurav*

**Finanical**

4. An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a capital gain of $4, and charges a fee of $2 when the fund is sold one year later for $105. What is the net rate of return from this investment?
*December 19, 2012 by sandy*

**Mat/116**

An investor invested $3,400 in two mutual funds.One fund earned a 6%profit while the other earned a 3% profit. If the investor's total profit was $144,how much was invested in each mutual fund?
*July 21, 2012 by Lori*

**Algebra**

An investor invested a total of 2900 in two mutual funds. One fund earned a 9% profit the other earned a 5% profit. If the investors total profit was $217 how much was invested in each mutual fund.
*November 4, 2012 by Alisha*

**Algebra**

An investor invested a total of 2900 in two mutual funds. One fund earned a 9% profit the other earned a 5% profit. If the investors total profit was $217 how much was invested in each mutual fund.
*November 4, 2012 by Alisha*

**Math**

Henry invests $5,000 in a mutual fund with an annual interest rate of 7.5%. He also has a 4-yr, $10,000 loan at 3.75%. When will the amount of interest earned on the mutual fund be equal to the amount of interest paid on the loan?
*May 23, 2011 by Branson*

**Algebra**

An investor invested a total of 1,400 in two mutual funds. One fund earned a 8% profit while the other earned a 3% profit. if the investor's profit was $67, how much was invested in each mutual fund?
*February 10, 2013 by tootles*

**General Education Statistics | MAT112**

There are many ways people can invest their money. In mutual funds, the investor buys shares in a fund that buys investment instruments for the investor, commonly stocks, bonds, or fixed instrument investments. Investment fund managers commonly advertise their success in ...
*July 30, 2011 by Tanya*

**College Algebra**

You plan to invest $12,000 in two funds paying 41/2% and 5% simple interest. (There is more risk in the 5% fund.) Your goal is to obtain a total annual interest income of $580 from the investment. What is the smallest amount you can invest in the 5% fund and still meet your ...
*September 11, 2012 by Danny*

**Math**

Deborah inherited a large sum of money; she wants to use a portion of this money to set up a trust fund for her two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. The projected returns over the life of the investments are 6% for the ...
*June 23, 2009 by Nukdog*

**accounting**

a mutual fund has total assets of $57000000 and liabilities of $ 8550000. if 15960000 shares are outstanding, what is the net asset value of the fund?
*February 23, 2011 by lisa*

**Algebra**

An investor invested a total of $2000 in two mutual funds. One fund earned 9% profit while the other earned a 6% profit. If the investor's total profit was $129, how much was invested in each mutual fund?
*September 28, 2012 by Nixie*

**math**

an investor invested a total of $2,900 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $108, how much was invested in each mutual fund?
*December 1, 2012 by sarah evans*

**MAT116**

An investor invested a total of $3,400 in two mutual funds. One fund earned 8% profit while the other earned a 3% profit. If the investor's total profit was $202, how much was invested in each mutual fund?
*March 1, 2013 by Anonymous*

**Math**

At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a mutual fund that pays 6.9% interest compounded monthly. From then on she ...
*November 7, 2010 by dana*

**Math**

How do I formulate this question to be solved in the POM-QM software? Deborah inherited a large sum of money; she wants to use a portion of this money to set up a trust fund for her two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. ...
*June 24, 2009 by Nukdog*

**Algebra**

An investor invested a total of $1400 in two mutual funds. One fund earned a 6% profit while the other earned a 2% profit. If the investor's total profit was $72, how much was invested in each mutual fund?
*September 30, 2012 by BriAnne*

**Math**

an investor invested a total of $3,100 in two mutual funds. One fund earned a 8% profit where the other earned 5% profit. If the investor's total profit was $209, how much was invested in each mutual fund?
*January 30, 2013 by Ang*

**Finance**

In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. How much must you invest each month in a mutual fund yielding 13.5% compounded monthly to become a millionaire in 10 years? (Round ...
*November 15, 2014 by Needs Help*

**FINANCE**

you want to retire in 30 years. You intend to invest $200 per month into a mutual fund that you expect to return 12% per year (1% monthly). If you continue making these monthly investments for 30 years, what amount of money will you have at the end of the 30th
*June 25, 2013 by LILY*

**math for business**

A mutual fund has a total assets of $46,000000 and liabilities $3,760,000. If 850,000 are outstanding, what is the net asset value of the fund?
*February 3, 2014 by Chudy*

**business**

wall street journal provides the net asset value, the year to date percent return, and the three year percent return for 555 mutual funds will be selected for a follow up study on the size and performance of mutual funds. Use the forth column of the randon numbers in Table 7.1...
*October 29, 2013 by Anonymous*

**MATH**

Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer price of $3 per share. She later sold the shares at a net asset value of $4.60 per share.During the time Mrs. Butler owned the shares, Stairwell Mutual Fund paid a dividend of $0.80 per share.What is Mrs. ...
*June 18, 2008 by Francine*

**Algebra investment**

An investor had a total of 25,000 put into a portfolio of stocks, bonds, and mutual funds. In one year, he earned 8% on the stock investment, 10% on the bond investment and 6% on the mutual funds investment. The annual(simple interest) return was $1860. if the amount invested ...
*April 6, 2011 by Maka*

**Accounting **

An index fund is autu fund that My answer is invest s only uncertain kinds of stock, such as those related to transportation
*February 7, 2013 by Alice Santiago*

**math**

Carlos invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 4% profit. How much did he invest in Fund B, if the total profit from the two funds ...
*March 24, 2014 by Kori*

**Stats**

G. Johnson recently inherited a large sum o money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. The projected returns over the life of the investments are 6% ...
*July 10, 2008 by Judy*

**math**

Djer invests $5000 each year into a mutual fund earning 6.15% compounded annually. After 8 years he stops making payments, but leaves the funds invested for an additional 4 years. a) What is the value of the fund at the end of 8 years? $ b) What is the value of the fund after ...
*September 22, 2010 by ms guzman*

**Algebra**

Michael invested his savings in two investment funds. The amount he invested in Fund A was $2,000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 3% profit. How much did he invest in Fund A, if the total profit from the two funds ...
*March 19, 2011 by B*

**mah**

A mutual fund had total asses of $ 57,000,000 and of $8,550,000. if 15,960,000 shares are oustanding,what is the net asset value of he fund?
*August 28, 2012 by no name*

**Finance**

Your 401 (k) Account at East Coast Yachts You have been at your job for East Coat Yachts for a week now and have decided you need to sign up for the company’s 401(k) plan. Even after your decision with Sarah Brown, the Bledsoe Financial Services Representative, you are still ...
*October 23, 2010 by Kelly*

**Business Finance**

I came up with 4.80 per share for the question. A mutual fund has total assets of $57,000,000 and liablities of $8,550,000. If $15,960,000 shares outstanding, what is the net asset value of the fund? Please check my answer.
*January 20, 2012 by Terry*

**math**

An antique dresser was purchased for $7500 in 2005. The dresser increases in value by 9% per year. Find the value of the dresser in 2025. So i thought it would be : A = 7500(1+0.09)^(20) A = 42033... However I have been told it could be: Value = 7500 + 7500*0.09*20 = $21,000 ...
*April 7, 2013 by Daniel*

**Finance**

8. Assume you just turned 28. You want to accumulate $3.5 million by your 65th birthday. Beginning next year, you will invest equal amounts each year until your 60th birthday. Your twin brother has the same goal, but he will wait 4 years before making his first payment. Assume...
*April 14, 2010 by Dantavis*

**algebra**

I posted this question earlier but I think I asked for too much so I am trying again and giving the answer I have, If you could tell me if it is correct, I would appreciate it. A sub is 7500 meters below sea level surfaces at rate of 80 meters per min. the depth of sub after m...
*December 16, 2011 by ann*

**algebra**

submarine is 7500 meters below, surfaces at rate of 80 meters per min. depth of sub after m minutes is given by d(m) = -7500 + 80m a. please give range for this function i thought -7500, is this correct? thanks b. make a table for graphing this function/ do not know how c. ...
*December 15, 2011 by ann*

**Math**

A company contributes $170 per month into a retirement fund paying 4.20% compounded monthly and employees are permitted to invest up to $ 2,800 per year into another retirement fund which pays 4.20% compounded annually. How large can the combined retirement fund be worth in 29...
*March 28, 2011 by Megan*

**Math**

A company contributes $170 per month into a retirement fund paying 4.20% compounded monthly and employees are permitted to invest up to $ 2,800 per year into another retirement fund which pays 4.20% compounded annually. How large can the combined retirement fund be worth in 29...
*March 27, 2011 by Megan*

**theory of interest**

1.Two investments are made at the same time. The first consists of investing 1550 dollars at a nominal rate of interest of 7.9 percent convertible semiannually. The second consists of investing 1450 dollars at a nominal rate of interest of 7.9 percent convertible daily. How ...
*October 25, 2014 by ALBERT*

**story**

Investment reports often include correlations. Following a table of correlations among mutual funds , a reports add," Two funds can have perfect correlation, yet differnet levels of risk. For example, Funda A and Fund B may be perfectly correlated, yet fund A moves 20% ...
*September 5, 2012 by ami*

**college math HELP!!!!!**

Sharon has a total of $190,000 to invest in three types of mutual funds: growth, balanced, and income funds. Growth funds have a rate of return of 12%/year, balanced funds have a rate of return of 10%/year, and income funds have a return of 6%/year. The growth, balanced, and ...
*February 22, 2014 by Dee*

**College Algebra **

John invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 3% profit. The amount that he invested in Fund B returned a 10% profit. How much did he invest in Fund B, if both funds together returned a 6% profit?
*March 10, 2015 by Sara *

**math**

Aldo invested his savings in two investment funds. The $24, 000that he invested in Fund A returned a 1% profit. The amount that he invested in Fund B returned a 5% profit. How much did he invest in Fund B, if both funds together returned a 2% profit?
*October 26, 2011 by George*

**Math**

Laura invested her savings in two investment funds. The that she invested in Fund A returned a profit. The amount that she invested in Fund B returned a profit. How much did she invest in Fund B, if both funds together returned a profit?
*April 18, 2010 by Jason*

**Math**

Salma invested her savings in two investment funds. The that she invested in Fund A returned a profit. The amount that she invested in Fund B returned a profit. How much did she invest in Fund B, if both funds together returned a profit?
*October 11, 2011 by Jasmine*

**word problem**

A person invests $7,500 part at 5% and the remainder at 4% simple interest. If the total interest at the end of the first year was $346.50, find the amount invested at 4%. Let x = amount invested at 5% Let (7500 - x) = amount invested at 4% 0.05x + 0.04(7500 - x) = 346.50 HINT...
*July 17, 2005 by Dan*

**algebra**

An investor invested a total of $2200 in two mutual funds. One earned 5% profit while the other earned a 3% profit. If the investor's total profit was $86, how much was invested in each mutual fund?
*April 5, 2013 by monique*

**Math**

The parents of twin boys started a college fund when the boys were 5 years old. They decided to invest $6,000 into an account that compounds quarterly at a rate of 8.6% annually. If the parents do not invest any additional money into this fund, how much will each of the boys ...
*February 16, 2014 by Kiki*

**business**

1 for a large company stock/mutual fund would you expect the betas to be positive or negative for each of he factores in a fama french multifactor model? 2 What do you observe abouth the bata coefficients for the different mutual funds? comment on any similarities or ...
*February 17, 2013 by Ann*

**math, algebrai II**

Can someone please explain how they got the answer for this problem its in my book: Directions: Find the amount that should be invested now to accumulate the following amounts, if the money is coupounded as indicated. $7500 at 12% compounded quarterly for 9 yrs. answer: $2587....
*June 19, 2007 by student*

**algebra**

an investor invested a total of 1,100 in two mutual funds. One fund earned a 5% profit while the other earned a 2% profit. If the investor's total profit was 49.00 how much invested in each fund?
*January 17, 2013 by Sandy*

**Probabability**

You are given monthly annualized total return data for two mutual funds, A and B. Using linear regression, develop a relationship which gives the annualized return of fund B as a function of the return of fund A. What is the coefficient of determination of this relationship? ...
*March 4, 2010 by Jon*

**statistics**

We are studying mutual bond funds for the purpose of investing in several funds. For this particular study, we want to focus on the assets of a fund and its five-year performance. The question is: Can the five-year rate of return be estimated based on the assets of the fund? ...
*November 19, 2010 by Anonymous*

**math**

Which of the following would be the safest investment, where there is NO chance of losing your money? A. savings account B. mutual fund C. municipal bond D. low risk stock I think it is A.
*January 9, 2012 by anonymous*

**Finance**

You plan to open a retirement account. Your employer will match 50 percent of your deposits up to a limit on the match of $2500 per year. You believe the fund will earn 12 percent per year over the next 30 years, and you will make 30 deposits of $5000, plus 50 percent employer...
*February 23, 2013 by katie*

**math investments**

I am unsure how to figure out this question please explian Mr Jones bought 1,8000 shares of Hampstead Mutual Fund at an offer price of $3 per share He later sold the shares at a net asset value of $4.60 per share During this time Mr Smith owned the shares, Hampstead Mutual ...
*January 10, 2008 by jameasen*

**business finance**

Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years
*February 11, 2013 by elh009*

**math urgent please help**

Mrs Buttler bought 1,800 shares of Stairwell Mutual Fund At an offer price of $3.00 per share. She later sold the shares at a net asset value of $4.60m per share. During the time Mrs Buttler owned the shares, Stairwell Mutual paid adividend of $0.80 per share. What is Mrs ...
*November 9, 2007 by Anonymous*

**Math**

(COMPOUND INTEREST) Effie is planning to set up a trust fund for her new grand daughter. In 18 years time she wants the investment to be worth $50000 to help her buy a car or a home unit. a)How much should she invest at 5% p.a. compounding yearly? --I know the answer for this ...
*March 28, 2012 by CrissyXD*

**Linear Programming**

I need help formulating a LP model to solve this question. "An investment company helps a client with 300,000 dollars to invest into 3 funds. At least 10% must be invested in a Growth and Income fund and at least 20% must be invested in a money market fund. The client has a ...
*November 5, 2006 by Andy*

**Algebra 1**

You have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account?
*January 21, 2013 by Mbaintu*

**fnite math**

Juan invested $24,000 in a mutual fund 5 years ago. Today his investment is worth $34,616. Find the effective annual rate of return on his investment over the 5-year period.
*July 28, 2013 by Brian*

**Finite Math**

Juan invested $24,000 in a mutual fund 5 years ago. Today his investment is worth $34,616. Find the effective annual rate of return on his investment over the 5-year period.
*January 6, 2015 by Shakina *

**math**

find the average return over the last ten years on a mutual fund . what investment account of 1,000 for 5,10,15,20,25,30,35 and 40 years compound quaretly. is there a point at which the investment appears to grow more quickly
*November 28, 2012 by Tonya*

**algabra**

Three individuals form a partnership and agree to divid the profits equally. x invest $9000, y invest $7000 z invest $4000. how much much less does x recieve than if the profists were divided in proportion to the amount invest
*June 10, 2013 by Agnes*

**accounts**

A petty cash fund of $100 is replenished when the fund contains $5 in cash and receipts for $92. The entry to replenish the fund would
*November 28, 2010 by Anonymous*

**algebra**

Calvin invested $7500 for one year, part 12% annual interest and the rest at 10% annual interest. His total interest for the year was $890. How much money did he invest at 12%?
*September 7, 2012 by Briana*

**algebra**

HELP! Please Calvin invested $7500 for one year, part 12% annual interest and the rest at 10% annual interest. His total interest for the year was $890. How much money did he invest at 12%? Show work.
*September 7, 2012 by Briana*

**calculus**

The proprietor of Carson Hardware Store has decided to set up a sinking fund for the purpose of purchasing a computer 2 yr from now. It is expected that the purchase will involve a sum of 40000 dollars. The fund grows at the rate of dA/dt= rA+P where A denotes the size of the ...
*April 25, 2012 by help please.*

**Quantitative method**

A client who contacted CWD this past week has a maximum of $50,000 to invest. CWD's has two investment funds. The projected return for internet fund is 12% and Blue chip 9%. The investment advisior requires that at most $35,000 of the client's funds should be invested in the ...
*March 19, 2015 by Kistra*

**algebra**

suppose you invest $15,000 in two funds paying 11 1/2% and 14% simple interest. the total annual interest is $1950. how much is invested in each fund?
*September 4, 2011 by susie*

**Survey of Mathamtics**

You want to invest $7500 for 15 years. The local bank offers a rate of 6.5% compounded monthly. The local credit union offers a rate of 6.75% compounded semiannually. Which is the better option? How did you arrive at this conclusion?
*June 20, 2014 by Jennifer*

**college algebra**

suppose you invest $15,000 in two funds paying 11 1/2%and 14% simple interest. the total annual interest is $1950. how much is invested in each fund?
*September 4, 2011 by sue*

**word problem**

A person invests $7,500 part at 5% and the remainder at 4% simple interest. If the total interest at the end of the first year was $346.50, find the amount invested at 4%. total interest=346.5=7500*.05 + x*.04 solve for x. ooopsss, I misread the problem. The total amount ...
*July 17, 2005 by Dan*

**Finance**

If upon retirement in 20 years Simon plans to invest $400,000 in a fund that earns 5%, what is the maximum annual withdrawal he can make over the following 15 years?
*July 22, 2013 by Melissa*

**Finance**

a. If upon retirement in 20 years Simon plans to invest $400,000 in a fund that earns 5%, what is the maximum annual withdrawal he can make over the following 15 years?
*October 23, 2013 by Summer*

**Finance**

If upon retirement in 20 years Simon plans to invest $400,000 in a fund that earns 5%, what is the maximum annual withdrawal he can make over the following 15 years
*October 25, 2013 by Jennifer *

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