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seven years ago christine had $5000, cash and she decided to invest that $5,000 immediately in a mutual fund. she also invested $500 at the

seven years ago christine had $5000, cash and she decided to invest that $5,000 immediately in a mutual fund. she also invested $500 at the end of every quarter into the same mutual fund using the so called dollar averaging strategy. she has been earning an average annual compound return of 11% compounded quarterly on this investment. how much is her mutual fund worth today?

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