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You decide to contribute to a mutual fund that averages 10% return per year. If you contribute $200 quarterly,
- How much will be in the account after 20 years?
- How much of this money did you deposit?
- How much of this money is interest earned?

Respuesta :


So, after 20 years:
- The amount in the account will be approximately $129,697.48.
- You deposited a total of $16,000.
- The interest earned will be approximately $113,697.48.

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