Lucy Price has always been interested in stocks. She has decided to invest $2,000 once every year
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Lucy Price has always been interested in stocks. She has decided to invest $2,000 once every year into an equity mutual fund that is expected to produce a return of 6 percent a year for the foreseeable future. Lucy is really curious how much money she can reasonably expect her investment to be worth in 20 years. What would you tell her?
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Related Book For
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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