You deposited $1000 in a mutual fund each year for the past seven years. Your account balance

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You deposited $1000 in a mutual fund each year for the past seven years. Your account balance is $9,000. What annual rate return did you realize?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Jan 06, 2024 12:23 PM

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You deposited $1000 in a mutual fund each year for the past seven years. Your account balance

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To calculate the annual rate of return we can use t... View the full answer

Personal Finance Turning Money into Wealth

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