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Mary is 30 years old and has $ 20,000 in her investment account equally spread in two funds and plans to add additional $ 2000

  1. Mary is 30 years old and has $ 20,000 in her investment account equally spread in two funds and plans to add additional $ 2000 in each fund. ( 10 % of this grade)
  • Fund A :

  1. Current amount : $ 10,000
  1. Historical performance , 10 year average : 6.5 %
  1. $2000 added ever year
  • Fund B :
  1. Current amount : $ 10,000
  1. Historical performance , 10 year average : 5 .5 %
  1. $2000 added ever year
  • Calculate ( using 10 year average performance) amount in each fund, and total portfolio at end of 10 years, 20 years and 30 years

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