投资学第7版Test Bank答案26(13)

2021-01-20 18:47

投资学第7版Test Bank答案

38. How much does Stephanie currently have in the safe account; how much in the risky

account?

A) $3,800, $200

B) $2,000, $2,000

C) $200, $3,800

D) $2,500, $1,500

E) $1,500, $2,500

Answer: C Difficulty: Easy

Rationale: The safe account has .05*$4,000=$200 and the risky account

has .95*$4,000=$3,800.

39. Of the total amount of new funds that will be invested by Stephanie and by her employer

on her behalf, how much will she put into the safe account each year; how much into the risky account?

A) $3,800, $200

B) $2,000, $2,000

C) $200, $3,800

D) $2,500, $1,500

E) $1,500, $2,500

Answer: C Difficulty: Easy

Rationale: The safe account gets .05*($2,000+2,000)=$200 and the risky account

gets .95*($2,000+2,000)=$3,800.

40. How much can Stephanie be sure of having in the safe account at retirement?

A) $37,221

B) $16,423

C) $11,856

D) $21,156.

E) $49,219

Answer: D Difficulty: Moderate

Rationale: The value in the safe account in 44 years will be $200*(1.035)44 +

$200*FVIFA3.5%,44 = $21,156.33.


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