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What is the money-weighted return if you started investing in a mutual fund with $1,500 a five years ago? Each year you added $500 to

What is the money-weighted return if you started investing in a mutual fund with $1,500 a five years ago? Each year you added $500 to increase your investment amount for the first four years. Then you sold the entire balance of your investment for $3,150 at fifth year.

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43.61%

39.80%

41.54%

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