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If you invest $400 per month for 25 years in a mutual fund, earning an...

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Question

Finance

If you invest $400 per month for 25 years in a mutual fund, earning an annual interest rate of 8%, how much will your investment be worth at the end of those 25 years?

Group of answer choices

-$289,777.15

-$294,510.21

-$357,024.14

-$380,410.56

Answer & Explanation Solved by verified expert
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