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Business, 03.04.2020 19:49 mckinneypaige8243

Michael has been dollar cost averaging in a mutual fund by investing $2,000 at the beginning of every quarter for the past 7 years. He earns an average annual compound return of 11% on this investment, compounded quarterly. How much is the fund worth today

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Michael has been dollar cost averaging in a mutual fund by investing $2,000 at the beginning of ever...
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