You are considering an investment in a mutual fund with a 3% load and expense ratio of 0.5%. You can invest instead in a bank CD paying 2% interest. a. If you plan to invest for 6 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

Double corporation acquired all of the common stock of simple company for