Respuesta :
Future value is known as the value of the asset at the specified in the coming period of time. It is the tool that is used in the measurement of the sum of money that is worth the specified period of time at the fixed interest rate and the factor.
The value of the portfolio after 30 years will be $49,646
The given information is:
annual stock return= 11.3%
investment portfolio= $2,000
Time=30 years
we need to calculate the future value,
[tex]\begin{aligned}\text{Future value}&= \text{present value}(1+r)^{n} \\&=\$2000\times(1+0.113)^{30} \\&=\$2000\times(24.82)\\&=\$49,646\end{aligned}[/tex]
To know more about the calculation of the future value, refer to the link below:
https://brainly.com/question/17156191
