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Average Annual Return Suppose a man invested $200 at the end of 1900 in each of three funds that tracked the averages of stocks, bonds,
Average Annual Return Suppose a man invested $200 at the end of 1900 in each of three funds that tracked the averages of stocks, bonds, and cash, respectively. Assuming that his investments grew at the rates given in the table to the right, approximately how much would each investment have been worth at the end of 2007? Category Stocks 6.4% Bonds 2.3% Cash 0.7% His investment in the fund tracking stocks would be worth approximately S (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking bonds would be worth approximately S (Do not round until the final answer. Then round to two decimal places as needed.) His investment in the fund tracking cash would be worth approximately S (Do not round until the final answer. Then round to two decimal places as needed.)
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