SOLUTION: Top bond fund. An investment of $10,000 in the
Emerging Country Debt Fund in 2001 was worth $24,780
in 2006 (www.money.com). Use the formula from the
previous exercise to find t
Algebra.Com
Question 201526: Top bond fund. An investment of $10,000 in the
Emerging Country Debt Fund in 2001 was worth $24,780
in 2006 (www.money.com). Use the formula from the
previous exercise to find the 5-year average annual
return.
The formula is :
r=(S/P)^1/n -1
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
2956/yr
RELATED QUESTIONS
Top bond fund. An investment of $10,000 in the Emerging Country Debt Fund in 2001 was... (answered by nyc_function)
Top Bond Fund. An investment of $10,000 in the Emerging Country Debt Fund in 2001 was... (answered by nyc_function)
An investment of $10,000 in the Emerging Country Debt Fund in 2001 was worth $24,780 in... (answered by Mathtut)
Top bond fund. An investment of $10,000 in the
Emerging Country Debt Fund in 2001 was... (answered by stanbon)
Can You Help me?
132.) Top bond fund. An investment of $10,000 in the Emerging Country... (answered by stanbon)
An investment of $10,000 in the Emerging Country Debt Fund in 2001 was worth $24,780 in... (answered by stanbon)
An investment of $10,000 in the Emerging Country Debt Fund in 2001 was worth $24,780 in... (answered by stanbon)
Can someone help me with this problem please. I do not understand how to work this out.... (answered by stanbon)
Jon invested a total of $12,000 in stocks, bonds, and mutual funds. She Received a 10%... (answered by ptaylor,edjones)