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QUESTION 20 It is your lucky day! You won the Ohio lottery and have elected to take the one time up front payment. Today, you

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QUESTION 20 It is your lucky day! You won the Ohio lottery and have elected to take the one time up front payment. Today, you get a check for $800,000 and decide to invest it for the future. You are going to let the money 'sit' and accumulate interest for the next 5 years. A good friend of yours, who also happens to work for Charles Schwab, tells you that you can earn 4% annually. How much will you have at the end of 5 years? 657,520 3.561,440 973,360 4.333,040 QUESTION 21 Laura Larkin invested $4,000 in a mutual fund with a stated load of 6 percent. How much of her money was actually invested in shares of the mutual fund? $4,000 $3,940 $3,670 $3,760

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