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You find a mutual fund that offers approximately 6% APR compounded monthly. How much money will you need to invest as a lump sum in order to have $1000 at the end of the year?
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May 23, 2021
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You find a mutual fund that offers approximately 6% APR compounded
monthly. How much money will you need to invest as a lump sum in order to
have $1000 at the end of the year?
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LavaScornedOven
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Answer:
it is $941.78
Step-by-step explanation:
Vanomart
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May 24, 2021
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Vanomart
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941.78 .............
Ocrdu
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May 27, 2021
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