Suppose that the following table gives information about your mutual fund: Year Rate of Return 2017 2018 5.4% 2019 4.9% The overall rate of return between 2017 and 2019 was 5%. If you invested $2,000 in this fund at the beginning of 2017, what would your investment be worth at the end of 2017? Round your answer to the nearest dolla

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A: Solution:-

Q: The following table lists several corporate bonds issued during a particular quarter. Bank of…

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A: Here we find out the total percentage yield of the initial amount deposited after 8 years.

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Q: The following table lists several corporate bonds issued during a particular quarter. Bank of…

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Q: The following table lists several corporate bonds issued during a particular quarter. Bank of…

A: We can solve it using the formula as below

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A: We have given that Future value  = 24000 r = 5%  n  = 7

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