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BUSI 352 Mid Term Test Final Review
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BUSI 352 Mid Term Test Final Review •Question 1 2 out of 2 points Michael has been dollar cost averaging in a mutual fund by investing $2,000 at the beginning of every quarter for the past ... 7 years. He earns an average annual compound return of 11% on this investment, compounded quarterly. How much is the fund worth today? Selected Answer: $84,996.80. [Show More]
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