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Mutual Funds The Peoples Mutual Fund reported the performance for two of its Funds. Peoples Mutual Fund Annual average return Education Fund 12.50% Retirement Fund
Mutual Funds
- The Peoples Mutual Fund reported the performance for two of its Funds.
Peoples Mutual Fund | Annual average return |
Education Fund | 12.50% |
Retirement Fund | 10.50% |
- If you invested $10,000 in each fund 5-years ago, which of the funds would have had a higher ending wealth? (2 marks)
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