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Were you to invest $50 each month into a mutual fund which averaged an 11% annual return, what would be the mutual fund account value
Were you to invest $50 each month into a mutual fund which averaged an 11% annual return, what would be the mutual fund account value after 12 years?Ignore the impact of taxes and inflation.
A. $14,841.70
B. $14,977.75
C. $15,126.98
D. $13,627.91
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