You have $10,000 to invest in a mutual fund. The mutual fund has an expense ratio of
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You have $10,000 to invest in a mutual fund. The mutual fund has an expense ratio of 1.5% and an average annual return of 10% over the past 5 years. How much would your investment be worth after 10 years?
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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