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An investor dollar cost averages and invests $300 at the end of each time period ( quarterly ) in a 401K mutual fund, the return
An investor dollar cost averages and invests $300 at the end of each time period (quarterly) in a 401K mutual fund, the return is 6%.How much is the mutual fund worth in 30 years?(Note-since the investor invests quarterly, the % is divided by 4 and the exponent (30 years) is multiplied by 4).
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