carolinerosewillis
carolinerosewillis
22.07.2020 • 
Mathematics

MMF Value. Bart is a college student who has never invested his funds. He has saved $820 and has decided to invest the funds in a money market fund with an expected
annual return of 2.77%. Bart will need the money in one year. The MMF imposes fees
that will cost Bart S14 at the time he withdraws the funds in one year. How much money
will Bart have in one year as a result of this investment?

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