The High Yield Money Market Fund returned 5.75 percent for the last year. Currently, you own 9,042.08 shares of this fund. If you invested in this fund one year ago, what was the amount of your original investment?
A) $8,350.00
B) $8,402.38
C) $8,550.43
D) $8,750.00
E) $9,650.03
Correct Answer:
Verified
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