Question 1207417
an annual return of 6.6% compounded quarterly is equal to 6.6 / 4 = 1.65% per quarter.


the initial price of the investment fund is 200.


the fund is for 10 years.


at the end of the 10 year investment period, the fund is fully depleted, i.e. there is nothing left in the fund.


under that assumption, the quarterly dividend will be 6.869883668 provided at the end of each quarter.


i'm not quite sure this is what you mean, but this is how i interpreted the problem.


i used excel to show the quarterly transactions.


here's a result of the first and last few calculations.


<img src = "http://theo.x10hosting.com/2024/061402.jpg">


<img src = "http://theo.x10hosting.com/2024/061403.jpg"


all calculations were not rounded.


results shown are rounded to the nearest penny.