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Business Mathematics in Canada 4e
Business Mathematics in Canada, 4/e
F. Ernest Jerome

Compound Interest: Further Topics and Applications

Internet Application Problems



1

Mutual Fund Information and Analysis is one of the most popular web sites. If you visit this site and choose "Fund Filter", you can set criteria on which a comprehensive Canadian mutual fund database will be searched. For example, you can easily obtain a listing of all Canadian Equity funds whose equivalent annually compounded rate of return for the past 10 years has been greater than 10%. If you want to obtain detailed information about a fund whose name you know, choose the "Fund Selector" option on the home page.
 
2

Searching a Mutual Fund Database: Go to the GLOBEfund Web site and obtain the 10-year equivalent compound annual returns for the following Canadian Equity mutual funds: Bissett Canadian Equity, Industrial Growth, and Trimark Canadian. How much would $10,000 invested in each fund 10 years ago be worth today?
 




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