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Ted has been dollar cost averaging in a mutual fund by investing $1,500 at the beginning of every month for the past 5 years. He

Ted has been dollar cost averaging in a mutual fund by investing $1,500 at the beginning of every month for the past 5 years. He has been earning an average annual compound return of 9% compounded monthly on this investment. How much is the fund worth today? Group of answer choices $38,208.04. $113,984.73 $115,764.22 $37,367.28

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