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Lettucebereal Lettucebereal
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11 months ago
Victor cannot find the original record of his purchase four years ago of units of the Imperial Global Fund. The current statement from the fund shows that the total current value of the units is $47,567. From a mutual fund database, Victor found that the fund's rates of return for Years 1 to 4 have been 15.4%, 24.3%, 32.1%, and -3.3%, respectively. a) What was Victor's original investment in the fund? b) What was the dollar increase in the value of his investment in Year 3?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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sherry94sherry94
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11 months ago
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Lettucebereal Author
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11 months ago
This calls for a celebration Person Raising Both Hands in Celebration
cipcal
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Yesterday
Good timing, thanks!
brina10
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2 hours ago
Thanks
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