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vagabundo [1.1K]
2 years ago
11

Question 9 Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per year. What will be yo

ur annual return on $100 invested in the fund if the manager allows you to reinvest in the fund the 1% you earn each day
Business
1 answer:
11111nata11111 [884]2 years ago
5 0

Answer:

1103.22%

Explanation:

The value of the investment at the end of the year assuming  250  trading days per year can be computed the future value formula provided below:

FV=PV*(1+daily return)^n

PV=initial investment=$100

daily return=reinvestment rate=1%

n=number of trading days in a year=250

FV=$100*(1+1%)^250

FV=$ 1,203.22

Annual return=( 1,203.22/$100)-1

Annual return=1103.22%

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Calculate how much you would have in 25 years if you saved $3,000 a year at an annual rate of 9 percent with the company contrib
BaLLatris [955]

Answer:

the amount have in 25 years is $317,628

Explanation:

The computation of the amount have in 25 years is shown below:

PMT = Payment saved per year

= $3,000 + $750

= $3,750.00

N = Periods of payment = 25 years

R = Rate = 9%

Now the formula is

FV = (PMT × ((1 + R)^N-1) ÷ (R)  

= $3,750 × ((1 + 9%)^25-1) ÷ (9%)

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Hence, the amount have in 25 years is $317,628

8 0
2 years ago
On April 30, 2017, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, w
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Answer:

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Explanation:

The computation of the depreciation expense for the year 2017 and 2018 is shown below:

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Since the machinery is purchased on April 30 and we assume the books are closed on December 31 so the number of months calculated is 8 months

Therefore for the year 2017 the depreciation expense is

= $10,000 × 8 months ÷ 12 months

= $6,666.67

And, for the year 2018 the depreciation expense is same i.e $10,000

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3 years ago
A restaurant currently uses 62,500 boxes of napkins each year at a constant daily rate. The cost to order napkins is $200.00 per
ahrayia [7]

Answer:

xr72*444

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Difference between per<br> behaviour and organisational behaviour
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