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Suppose that the following table gives information about your mutual fund: Year Rate of Return 2017 2018 5.8% 2019 4.4% The overall rate of return
Suppose that the following table gives information about your mutual fund:
Year | Rate of Return |
2017 | |
2018 | 5.8% |
2019 | 4.4% |
The overall rate of return between 2017 and 2019 was 4.9%. If you invested $2,000 in this fund at the beginning of 2017, what would your investment be worth at the end of 2017?
Round your answer to the nearest dollar.
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