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In: Advanced Math

In its first 10 years the Janus Flexible Income Fund produced an average annual return of...

  1. In its first 10 years the Janus Flexible Income Fund produced an average annual return of 9%. Assume that money invested in this fund continues to earn 9% compounded annually. How long (to the nearest year) will it take money invested in the fund to double?

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Colby Messinger answered 8 months ago
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