You are planning to contribute $5,000 a year to a mutual fund that earns an average of

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You are planning to contribute $5,000 a year to a mutual fund that earns an average of 6% per year. If you continue to contribute for the next 10 years, how much would you have in your account?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 12, 2018 10:26 AM

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You are planning to contribute $5,000 a year to a mutual fund that earns an average of

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Fundamentals of Engineering Economics

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