You invest $8000 in a Vanguard 500 Index Mutual Fund. Over 3 years, your investment grows to
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Question:
You invest $8000 in a Vanguard 500 Index Mutual Fund. Over 3 years, your investment grows to $13,450.
a) What is your total return for the 3 year period? (Round to the hundredths)
b) What is the annual return for the 3 year period? (Round to the hundredths)
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