Question:

In its first 10 years a mutual fund produced an average

Last updated: 1/30/2023

In its first 10 years a mutual fund produced an average

In its first 10 years a mutual fund produced an average annual return of 19 90 Assume that money invested in this fund continues to eam 1990 compounded annualy How long will it take money investec this lund to double It will take approximately yearts for the money invested in this fund to double