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A $10,000 investment made in the S&P 500 stock index (a portfolio of the 500 largest U.S. companies) ten years ago is now worth $20,306

A $10,000 investment made in the S&P 500 stock index (a portfolio of the 500 largest U.S. companies) ten years ago is now worth $20,306 today. The annualized inflation rate over the past ten years has been 2.41%. What real rate of return did investors in the S&P 500 stock index earn annually over the last ten years? 4.93% 4.81% 7.34%

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