Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

14 years ago you invested $44,419. The arithmetic average return on your investment is 8.14 percent and the geometric average return is 7.58 percent. What

14 years ago you invested $44,419. The arithmetic average return on your investment is 8.14 percent and the geometric average return is 7.58 percent. What is the value of your portfolio today? Answer to two decimals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Amazon Fba Proven Step By Step Strategies To Make Money On Amazon Fba

Authors: Mark Smith

1st Edition

1951103718, 978-1951103712

More Books

Students also viewed these Finance questions

Question

★★★★★

Biando Corporation began operations on May 1, 2010, and completed the following transactions during its first month of operations. A. Sold capital stock for $ 30,000. B. Purchased land and a building...

Answered: 1 week ago

Question

★★★★★

Explain how to regulate construction site noise with: (a) a user fee; (b) a standard.

Answered: 1 week ago

Question

★★★★★

Tasha Orin is unable to reconcile the bank balance at January 31. Tashas reconciliation is shown here. Cash balance per bank ....... $3,677.20 Add: NSF check ......... 450.00 Less: Bank service...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

S. Tadki Ailines is considering two alteratives for finincing of a purchase of a fleet of airplane There are two alfemale 1. Isue 60,000shares of of common stock at 545 per share (no cash dividends...

Answered: 1 week ago

Question

★★★★★

According to "Future Aspects of Companion Animal Nutrition and sustainability, "The use of the term "organic" and "natural" by the Association of American Feed Control Officials (AAFCO, 2011) provide...

Answered: 1 week ago

Question

★★★★★

As an HR generalist, you need to purchase a cognitive or personality selection test for your organization to implement. Research a vendor selling one of these two types of tests. Choose one test the...

Answered: 1 week ago

Question

★★★★★

What element normally establishes initial communications to begin the transfer of C2 from previous BSA to a new BSA location? A. The quartering party. B. The host nation liaison team. C. The Theater...

Answered: 1 week ago

Question

★★★★★

A project team is identifying project risks for a bridge to be built across a river. The team needs to send out invitations for a risk workshop to better understand the risks involved Which...

Answered: 1 week ago

Question

★★★★★

What relationships can you see between the political dimensions of second-wave civilizations described and their cultural or religious aspects discussed in this chapter?

Answered: 1 week ago

Previous Question Next Question