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Julia will be setting aside 10% of her monthly paycheck for automatic investment in a stock mutual fund that pays

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Julia will be setting aside 10% of her monthly paycheck for automatic investment in a stock mutual fund that pays dividends at 8% per year compounded annually. If the deposit is $1200 per month beginning 1 month from now, how much will she have after 27 years? Assume there is no interperiod compounding.

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Entrepreneurial Finance

Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Posted Date: September 13, 2023 04:47:52
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