Erin Hays is evaluating the following two investment alternatives: (1) Deposit $10,000 today in a...
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Erin Hays is evaluating the following two investment alternatives: (1) Deposit $10,000 today in a money market fund at your bank that earns an average of 4 percent per year. (2) Deposit $10,000 into a mutual fund that earns an average of 25 percent per year. At the end of 20 years, how much more money would she have if she had invested in the mutual fund? (Don't forget the answer to this question as you go through life!) 5922.145.88 O 5511.986.17 5845.450.51 5659,833.25 763,521.66
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