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QUESTION 11 You are considering an investment option where you invest $250 per month in a mutual fund for the next 20-years that pays a

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QUESTION 11 You are considering an investment option where you invest $250 per month in a mutual fund for the next 20-years that pays a monthly interest of % a) What is the nominal annual interest rate for this problem? b) What is the period interest rate for this problem? c) What is the effective annual interest rate? d) What are the two possible values for the APR

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