Given the Following Fees and Expected Returns for Fund Y

question 29

Multiple Choice

Given the following fees and expected returns for fund Y, assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years

• A)$1069.82
• B)$1550.77
• C)$1642.36
• D)$1389.95
• E)$1362.59

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Definitions:

Marginal Utility

The additional satisfaction or usefulness gained by consuming one more unit of a good or service.

Marginal Utility

The additional satisfaction or benefit (utility) a consumer gains from consuming one more unit of a good or service.

Movie Rental

The act of paying a fee to borrow a movie for a limited period, traditionally from a physical store or, more recently, from an online service.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.