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    Exam 9: Compound Interest: Further Topics and Applications
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    A Sum of $10,000 Invested in a Fund at the End
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A Sum of $10,000 Invested in a Fund at the End

Question 49

Question 49

Short Answer

A sum of $10,000 invested in a fund at the end of 2003 would have declined to $2961 by the end of 2010. What compound annual rate of return did the fund realize during this period?

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