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Five years ago you had $1,000 you invested in a stock fund. At the end of each month you added an additional $50. The fund
Five years ago you had $1,000 you invested in a stock fund. At the end of each month you added an additional $50. The fund had an arithmetic mean return of 8.32% and a geometric mean return of 8.10%. What is the value of your account at the end of this 5-year period?
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