Question

One year ago, you invested $7,000 in the no-load Triple A Money Market Fund. You have neither added to this account nor received any funds from this account since that time. The fund earned a 5.2 percent rate of return for the past year. How many shares of this fund do you currently own?
A. 750.00
B. 796.50
C. 7,000.00
D. 7,364.00
E. 7,965.00

Answer

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