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You plan to sell mutual fund XYZ after holding it for 2 years. You purchased 1,000 shares at $25 and earned 10% return, compounded
You plan to sell mutual fund XYZ after holding it for 2 years. You purchased 1,000 shares at $25 and earned 10% return, compounded monthly. The fund is no-load fund. What is the value of the investment after 2 years? O $31,234.55 O $28,999.43 O $29,899.58 $30,509.77
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