Paying into mutual fund, You are paying into a mutual fund

Paying into mutual fund

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"If you deposited $1500 now and $700 exactly 2 years from now in a savings account that pays 3.4% annual interest, how much would you have at the end of year 14?"

"You are paying into a mutual fund that earns 9% annual compounded interest. If you are making an annual contribution of $6,000, how much will be in the fund in 26 years?"

Reference no: EM131548274

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Paying into mutual fund : You are paying into a mutual fund that earns 9% annual compounded interest.

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