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### How do you calculate the final balance of an investment?

- The final balance on an investment can be calculated by adding the initial investment amount to the total return earned on the investment. The formula is: Final Balance = Initial Investment + Total Return.
### What is an investment?

- An investment is the allocation of resources, typically money, with the intention of generating income or profit over time while managing risk.
### What are 4 types of investments?

- Four types of investments include stocks, which represent ownership in a company; bonds, which are debt securities; real estate, involving property ownership or investment; and mutual funds, which pool funds from multiple investors to invest in various assets.
### What are the benefits of investing?

- The benefits of investing include potential for long-term growth of wealth, generating income, diversification, and hedge against inflation.

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