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    Exam 3: The Time Value of Money Part 1
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    You Have $5,000 in an Index Mutual Fund
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You Have $5,000 in an Index Mutual Fund

Question 114

Question 114

True/False

You have $5,000 in an index mutual fund.At an average annual rate of return of 10% per year,this investment should exceed a value of $500,000 by the time you retire in 40 years.

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