There are six parts pdlf 2:21
Answer:
$92,8571.7937
Explanation:
The computation of the amount after 40 deposits is shown below:
= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal
= (((1 + 0.06)^40-1) ÷ 0.06) × $6,000
= $92,8571.7937
We simply applied the above formula and the same is to be considered
We considered all the things given in the question
The false statement is both offer an unlimited number of shares in a continuous public offering. (option c)
<h3>
What are open-end and closed-end investment companies?</h3>
Open-end investment companies are companies that allow investors invest in their company continuously through the purchase of their shares. On the other hand, closed-end investment companies close their company to new investors
An advantage of open-end investment companies is they are highly liquid. A disadvantage of open-end investment companies is the company is vulnerable from large inflows and outflow of investments.
An advantage of closed-end investment companies is they do not incur charges with regards to the redemption activities of investors. A disadvantage of closed-end investment companies is that investors cannot withdraw their funds until maturity.
To learn more about open-end investment companies, please check: brainly.com/question/20350725
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Answer:
withdraw = 28532.45
so correct option is a. $28,532
Explanation:
given data
earned = $275,000 bonus
interest rate = 8.25% per year
time = 20 year
to find out
How much could you withdraw at the end of each of the next 20 years
solution
first we find here Cumulative discount factor that is express as
Cumulative discount factor = 
.............1
put here value r is rate and t is time
Cumulative discount factor = 
Cumulative discount factor = 9.638148
so here
withdraw = Present amount ÷ cumulative discount factor .......2
put here value we get
withdraw = 
withdraw = 28532.45
so correct option is a. $28,532
