Question: Using the R script, answer the following questions. Please show all works for full credit. 1. Suppose you invest $150,000 into your mutual fund account
Using the R script, answer the following questions. Please show all works for full credit. 1. Suppose you invest $150,000 into your mutual fund account on January 1st, 2019. a) [5 points] What would the account balance be at the end of June, 2019 if the account carries a rate of return of 2% every month? b) [5 points] If you earn a 4% return in July and a 5% return in August, 2019, what would the account balance be at the end of August, 2019?
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