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You plan to invest your money either in a Bank CD paying 3% per year or a Mutual fund with an expected return of 6%.
You plan to invest your money either in a Bank CD paying 3% per year or a Mutual fund with an expected return of 6%. You have $300,000 to invest for 7 years. How much more money will you have at the end of 7 years if you invest in the Mutual fund? Group of answer choices $198,671 $367,491 $227,682 $ 82,127 $128,540
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