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% 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
Correct Answer:
Verified
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