on't use Excel If I invested $1,000 in the Vanguard Total Stock Market Index Fund on 6/15/2001 when the closing price is $37.12, how much would my $1,000 initial investment be on 10/13/2023 when the closing price is $214.74? Please show the calculations and how the end amount is found.
on't use Excel If I invested $1,000 in the Vanguard Total Stock Market Index Fund on 6/15/2001 when the closing price is $37.12, how much would my $1,000 initial investment be on 10/13/2023 when the closing price is $214.74? Please show the calculations and how the end amount is found.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Don't use Excel
If I invested $1,000 in the Vanguard Total Stock Market Index Fund on 6/15/2001 when the closing price is $37.12, how much would my $1,000 initial investment be on 10/13/2023 when the closing price is $214.74? Please show the calculations and how the end amount is found.
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