# Find average returns over the last ten years on a mutual fund. Use this to estimate what $10,000 invested today would be after 35 years. How much is the investment it the rate is lesser or higher...

Find average returns over the last ten years on a mutual fund. Use this to estimate what $10,000 invested today would be after 35 years. How much is the investment it the rate is lesser or higher by 2%

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### 1 Answer

This site provides details of a large number of mutual funds based in the US and which invest in different categories of assets.

Choosing the mutual fund *Azzad Ethical Mid Cap Fund* the average annual returns over the last ten years are at 6.06%. If the fund continues to give the same performance over the next 35 years and the returns are the same an amount of $10000 invested in the fund today would be equal to 10000*(1 + 35*6.06) = $2131000 after 35 years.

At a rate that is 2% less than its present average rate of return the investment would be equal to 10000*(1 + 35*4.06) = $1431000 and if the rate of returns is 2% higher, the investment would be equal to $2831000 after 35 years.