Suppose you invest $15,000 in a retirement fund when you're 35 years old. Approximately how much...
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Suppose you invest $15,000 in a retirement fund when you're 35 years old. Approximately how much more money will you have at 65 years old if you invest in a fund that earns a 7% annual rate of return instead of a 5% rate of return? Hint: 70/5=14 O $25,000 $50,000 O $100,000 O $150,000 Over $200,000 Suppose you invest $15,000 in a retirement fund when you're 35 years old. Approximately how much more money will you have at 65 years old if you invest in a fund that earns a 7% annual rate of return instead of a 5% rate of return? Hint: 70/5=14 O $25,000 $50,000 O $100,000 O $150,000 Over $200,000
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