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If You Invest the $10,000 You Receive at Graduation (Age

Question 113

Multiple Choice

If you invest the $10,000 you receive at graduation (age 22) in a mutual fund which averages a 12% annual return, how much will you have at retirement in 40 years?


A) $909,090
B) $930,510
C) $783,879
D) $510,285

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