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An investor invests $10,000 in a Mutual Fund on January 1, 2012. Her investment has the following accumulated values over the next 5 years. a)
An investor invests $10,000 in a Mutual Fund on January 1, 2012. Her investment has the following accumulated values over the next 5 years. a) Find the annual effective return on this investment for each calendar year. b) Find the 5-year annual average annual effective return for the period in
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