How much do you have in your account

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Reference no: EM131568173

You begin to track the performance of your 401k plan. Assuming you started with $50,000. At the end of year 1 your investments returned 10%. At the end of year 2, your investments returned -10%. Answer the following questions assuming you made no contributions or withdrawals during this period:

a) How much do you have in your account?

Reference no: EM131568173

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