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Kate has planned top invest 12000 per year at the start of the year in a Mutual fund earning 9% rate of return per year
Kate has planned top invest 12000 per year at the start of the year in a Mutual fund earning 9% rate of return per year for he retirement that is 30 years away . How much will she accumulate on her retirement .
options:
| 1.635 million |
| 1.782 million |
| 1.8 million |
| 1.5 million |
Interest rates are expected to move up , which GIC would john prefer buying
options:
| 10 year GIC |
| 1 year GIC |
| 5 year GIC |
| 6 months GIC |
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