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A Mutual Fund Paid 5

Question 260

Multiple Choice

A mutual fund paid 5.5%, 9%, -8%, 3.5%, and 5% over the past five years. If you had invested $2,000 at the beginning of the five-year period, what was your investment worth at the end of the five-year period?


A) $2300.00
B) $2699.37
C) $2570.83
D) $2608.09
E) $2299.46

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