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find out the amount of money the Dumonts will have in their saings account if they add no other funds and keep it invested at 3 percent over the next 25 years. find out how much they can accumulate over 25 years if they move the money into a money market mutual fund earning 5 percent. Based on the calculations, should the Dumonts reallocate their savings into a money market market mutual fund?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M965818

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