Question
You have just invested a one-time amount of $5,000 in a stock-based mutual fund. This fund should earn (on average) 9% per year over a
You have just invested a one-time amount of
$5,000 in a stock-based mutual fund. This fund should
earn (on average) 9% per year over a long period of
time. How much will your investment be worth in
35 years?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
