djpope67011 djpope67011

25-01-2024
Mathematics

contestada

If you invest the $10,000 you receive at graduation (age 22) in a mutual fund that 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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