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Assume the returns from holding an asset are normally distributed. Also assume the average annual return for holding the asset a od of time was

Assume the returns from holding an asset are normally distributed. Also assume the average annual return for holding the asset a od of time was 15.9 percent and the standard deviation of this asset for the period was 33.8 percent. Use the NORMDIST functior x xel ? to answer the following questions.
a. What is the approximate probability that your money will double in value in a single year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g.,32.161.
b. What is the approximate probability that your money will triple in value in a single year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 8 decimal places, e.g.,32.16161616.
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