You want to estimate your annual return over a 50-year period. If you end with F dollars,

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You want to estimate your annual return over a 50-year period. If you end with F dollars, then your annual return is (F/500)1/501. For example, if you end with $10,000, your annual return is 201/50 1

 0.062, or 6.2%. Run 1000 replications of an appropriate simulation. Based on the results, you can be 95% certain that your annual return will be between what two values?

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Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

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