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Paul
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Regarding your second question :

If you consider A amount of money in a mutual fund with X % of annual interest rate (compounded) during Y years, result is
A.(1+X)^Y = new amount

What you need to assess the new value of your 20000 initial installment is only (1+X)^Y = A'/A

So I would answer D
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sorry...i guess i'm having trouble understanding...

how can you figure out the X and Y of the 20,000 account when all you have is the end amount for the 30,000 and 40,000 accounts and given that X and Y are the same (but these exact values are not given)?

:?:



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