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September 20, 2014

Homework Help: math

Posted by Anonymous on Monday, February 13, 2012 at 2:36am.

Suppose that the investor of problem 14 bought 100 shares of the Geo
Fund at $70 per share and that, for the sake of simplicity, we only consider the returns the fund earns and automatically reinvests at the rate of 2% per month. Find

a. the beginning value of the fund.

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