For a recent 10-year period, T. Rowe Price, a mutual fund company, reported performance (average annual total

Question:

For a recent 10-year period, T. Rowe Price, a mutual fund company, reported performance (average annual total return) for two of its funds as follows:
Equity Income Fund 10.88%
Personal Strategy Growth Fund 10.06%
Assume you invested $5,000 in each fund at the beginning of this 10-year period. How much difference would there be in the ending wealth between the two funds?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: