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    Solve the Problem. -A Mutual Fund Invests $119,600 in Real Estate and Earns
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Solve the Problem. -A Mutual Fund Invests $119,600 in Real Estate and Earns

Question 104

Question 104

Multiple Choice

Solve the problem.
-A mutual fund invests $119,600 in real estate and earns 5% per year on the investment. How much money is earned per year?


A) $2,392,000
B) $5,980
C) $59,800
D) $239,200

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