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1) If you invested $2,000 in 2010 and it will be would be worth $5,986 at the of 2020. What would be the geometric return

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1) If you invested $2,000 in 2010 and it will be would be worth $5,986 at the of 2020. What would be the geometric return on the stock? a) 10.14% b) 11.56% 10.48% d) None of the above 2) The expected inflation rate is 2.05% and the nominal rate is 3.20%.Deternine the real rate of interest. a) 1.15% b) 1.13% c) 2.21% d) None of the above? 3) Assume that you have $15,000 to invest at a 3.50% interest rate. How long would it take for the money to be worth $60,000? a) 40.30 years b) 38.15 years c) 29.56 years d) None of the above

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