Question
You deposited $75,000 in your mutual fund account today. You make no more deposits into your account, but 10 years from today your mutual fund
You deposited $75,000 in your mutual fund account today. You make no more deposits into your account, but 10 years from today your mutual fund account balance is $200,000. What annually compounded rate of return have you earned on your mutual fund over this time period?
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Money, Banking, Financial Markets & Institutions
Authors: Michael Brandl
2nd Edition
1337904821, 9781337904827
