Invested one-time amount of stock-based mutual fund

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Reference no: EM131611648

You have just invested a one-time amount of $6,000 in a stock-based mutual fund. This fund should earn (on average) 8% per year over a long period of time. How much will your investment be worth in 23 years?

Reference no: EM131611648

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Invested one-time amount of stock-based mutual fund : You have just invested a one-time amount of $6,000 in a stock-based mutual fund. How much will your investment be worth in 23 years?

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