Kristen Worthington has always been interested in stocks. She has decided to invest $2,000 once every year

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Kristen Worthington has always been interested in stocks. She has decided to invest $2,000 once every year into an equity mutual fund that is expected to produce a return of 6 percent a year for the foreseeable future. Kristen is really curious how much money she can reasonably expect her investment to be worth in 20 years. What would you tell her? It her own business in five years?
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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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