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2. After 20 years, 100 shares of stock originally purchased for $1000 was sold for $5,000. What is the return on the investment? m=1 3.
2. After 20 years, 100 shares of stock originally purchased for $1000 was sold for $5,000. What is the return on the investment? m=1 3. What is the future value of a $100 investment today at 8 percent annual interest compounded semiannually for 5 years? 4. Samuel Johnson invested in gold U.S. coins ten years ago, paying $216.53 for one-ounce gold "double eagle" coins. He could sell these coins for $734 today. What was his annual rate of return for this investment? m=1
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