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Ja B D E See other in On 1/20/2009, on the date of President Obama's first inauguration, the S&P 500 stock index closed at 805.22.

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Ja B D E See other in On 1/20/2009, on the date of President Obama's first inauguration, the S&P 500 stock index closed at 805.22. Eight years later, on 1/20/2017, on the date of President Trump's Inauguration, the S&P 500 index closed at 2, 271.31. At what annual rate did the S&P 500 grow during the Obama years? 805.22 2,271.31 8.00 Hint - treat the earlier value as the PV, the later as the FV. You deposited $5,000 and it grew to $7,250. How many years did it take to reach that balance if you earned 2.4% during that time? 2.4% 5,000.00 7,250.00 You deposited $6,900 and it grew to $25,500 in 20 years. What rate of return must you have been earning over that time? 20.0 6,900.00 25,500.00 Use the formulas from the text, not Excel functions Do not round any calculations Reference the values in the gray cells in your formulas All results show he nositive numbers Student name main - ay

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