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3. What is the amount of interest earned on $2,000 for five years at 6% interest per year? 4. How many years will it take

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3. What is the amount of interest earned on $2,000 for five years at 6% interest per year? 4. How many years will it take an investment to double if the interest rate is 8% compounded annually? 5. What is the difference between individual stocks and mutual funds? Which one is more risky? Why? 6. What is IRA? What is the difference between traditional IRA and Roth IRA? If you have money to invest in an IRA, which one would you choose? Why

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