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QUESTION
SOLVED: Jan plans to invest $1400 in an equity fund every year end beginning this year. The expected annual return on the fund is 16 percent. How much would
Jan plans to invest $1400 in an equity fund every year end beginning this year. The expected annual return on the fund is 16 percent. How much would she expect to have at the end of 21 years?
$161532
$220381
$188777
$162932
