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Today you invest $50,000 in an index fund that on average generates a 10% annual return. In 30 years, (A) how much will be in
Today you invest $50,000 in an index fund that on average generates a 10% annual return. In 30 years, (A) how much will be in your account? (B) what percent of your account will be the principal? (C) what percent of your account will be earnings from interest? (D) what percent of your account will be earnings from simple interest? (E) What percent of your account will be earnings from compound interest?
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