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Mathematics, 26.03.2021 04:30 smithsa10630

Jan plans to invest an equal amount of $2,000 in an equity fund every year-end beginning this year. The expected annual return on the fund is 15 percent. She plans to invest for 20 years. How much could she expect to have at the end of 20 years?

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Jan plans to invest an equal amount of $2,000 in an equity fund every year-end beginning this year....

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