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You place $ 5 , 0 0 0 in a mutual fund with a guaranteed 6 % real annual rate of return. After 8 years,
You place $ in a mutual fund with a guaranteed real annual rate of return. After years, what will the value of your investment be if the fund pays compound interest? Round to the nearest dollar.
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
