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You plan to invest $2,000 in a low-cost index fund every year end, starting this year for the next 20 years. The expected annual return

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You plan to invest $2,000 in a low-cost index fund every year end, starting this year for the next 20 years. The expected annual return on the fund is 15 percent. What is the present value of your investments? Select one: a. $14,396.00 b. $12,518.66 c. $12,625.70 O d. $12,396.50

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