Based on this information what is the interest factor

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Reference no: EM131970397

Let's say Erin is considering opening an account with Fidelity Investments, in a bond-mutual-fund.

The fund has an expected rate of return of 7.72% and Erin plans to make monthly deposits in this account for the next thirty years.

Based on this information, what is the interest factor?

Reference no: EM131970397

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