Miple Oroce

$580\mathrm{.}009$

$1$thonse

$149000$

$14$Eliot

$14.1800$

Forty years ago, you began investing $$2,000$ a year. Because your investments earned an average of $2$ percent a year, your investment portfolio has a current dollar value of $$120,804.$ How much did you earn on your investments over the $40-$year period of time?

Multiple Choice

$$80,000$

$$120,804$

$$40,000$