Twenty years ago, you began investing $2,000 a year. Because your investments earned an average of 8 percent a year, your investment portfolio has a current dollar value of $92,000.
How much did you earn on your investments over the 20-year period of time?
a) $40,000 b) $92,000 c) $132,000 d) $2,000 e) $52,000
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