HOME WORK
(for December, 3 2017)
Calculate the real value of your money in 10 years. You invest money to a
mutual fund where monthly growth in average (interest rate each month) of
you money is 0.3 %. Further, you know that after one year (every year) you
have to pay to the fund managers a performance fee in amount of 5 % from
earned money. Moreover, average ination of 0.4 % p.q. (quarter) is expected.
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